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Deal in disarray as SABMiller halts AB InBev integration

Published Thu, Jul 28, 2016 · 09:50 PM
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AB INBEV'S US$103.6 billion takeover bid for SABMiller Plc was thrown into disarray after the target company suspended integration of the two brewers following a rebellion from shareholders who say they haven't been compensated enough for the pound's recent plunge.

SABMiller managers asked employees to halt work knitting together the two companies, with chief executive officer Alan Clark saying in an internal memo that "there should be no contact wit…

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