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AB InBev to buy SABMiller for £69b in record deal

Acquisition will create a brewer that will account for a third of all beer sales globally
Wednesday, October 14, 2015 - 05:50
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Bottles of beer and cider produced by Belgian-Brazilian group Anheuser-Busch InBev, (Budweiser and Beck's) and British brewer SABMiller (Peroni and Bulmers) are pictured in London, on Oct 13, 2015.

London

ANHEUSER-Busch InBev NV agreed to buy SABMiller plc for almost £69 billion (S$147 billion) to clinch a record industry deal after several rejections, creating a brewer that will account for a third of all beer sales globally.

The Budweiser maker will pay £44 a share in cash