AB InBev, SABMiller extend takeover deadline to Nov 4

Published Wed, Oct 28, 2015 · 07:51 AM

[BRUSSELS] Brewer SABMiller Plc has extended the deadline for rival Anheuser-Busch InBev to make a formal US$100 billion-plus takeover offer by a week.

SABMiller said in a statement on Wednesday that it had asked London's Panel on Takeovers and Mergers to push back the deadline to 5 pm on Wednesday, November 4.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes