SABMiller Archives

SABMiller, whose brands in Canada include Miller and Foster’s, and AB InBev, whose Canadian brands include Keith’s, Labatt Blue and 50 and Kokanee, are now expected to close their merger by Oct. 10. (Keiths.ca/SABMiller.com)

SABMiller investors approve takeover by AB InBev

By GFM Network News September 28, 2016

London/Brussels | Reuters — SABMiller shareholders overwhelmingly backed the brewer’s takeover by Anheuser-Busch InBev on Wednesday, clearing the last big hurdle for one of the largest corporate mergers in history. When the deal closes, which AB InBev said Wednesday it expects to happen Oct. 10, the combined group will sell more than a quarter of […] Read more

AB InBev’s operations include Alexander Keith’s maker, Halifax-based Oland Breweries, which became part of Labatt in 1971. (Keiths.ca)

Barley, Crops, Markets, Reuters

Rivals see local battles, not global war, with new beer giant

By GFM Network News October 15, 2015

Copenhagen/Brussels | Reuters — The prospect of a new competitor that produces one third of an entire industry’s output would normally terrify rival companies, but brewing is different. The very local nature of lagers and ales, and the fact that a price war is seen as unlikely, mean global market leader Anheuser-Busch InBev’s imminent takeover […] Read more

Cereals, Crops, Markets, Reuters

Labatt’s owner wins over SABMiller at fifth attempt

By GFM Network News October 13, 2015

Brussels/London | Reuters –– The world’s two biggest brewers agreed on Tuesday to create a company making almost a third of the world’s beer after SABMiller received an improved offer worth more than C$130 billion from larger rival Anheuser-Busch InBev. If it goes through, the deal would rank in the top five mergers in corporate […] Read more

Barley, Crops, Reuters

Labatt owner ups offer for SABMiller as deadline looms

By GFM Network News October 12, 2015

Reuters — Anheuser-Busch InBev raised its proposed takeover offer for SABMiller on Monday, as the world’s largest brewer tries to win over its smaller rival to the idea of creating a giant that would make nearly a third of the world’s beer. The owner of the Budweiser, Labatt and Alexander Keith’s brands said it would […] Read more

Barley, Crops, Reuters

SABMiller rejects Labatt owner’s takeover approach

By GFM Network News October 7, 2015

Brussels/London | Reuters –– SABMiller, the world’s second largest brewer, has promptly rejected an improved takeover proposal from Anheuser-Busch InBev, saying its 68 billion-pound (C$136 billion) valuation was “very substantially” under par. Refusal of the offer, made public Wednesday after earlier proposals were refused privately, opens the door to a week of intense wrangling before […] Read more

Barley, Crops, Markets, Reuters

Labatt owner AB InBev seeks US$275B tie-up with SABMiller

By GFM Network News September 16, 2015

Brussels/London | Reuters — Anheuser-Busch InBev, the world’s largest brewer, has approached rival SABMiller about a takeover that would form a colossus producing a third of the world’s beer. A merged group would have a market value of around US$275 billion (C$363 billion) at current prices, and would combine AB InBev’s dominance of Latin America […] Read more

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GFM Network News

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Tag Archives SABMiller

SABMiller investors approve takeover by AB InBev

Rivals see local battles, not global war, with new beer giant

Labatt’s owner wins over SABMiller at fifth attempt

Labatt owner ups offer for SABMiller as deadline looms

SABMiller rejects Labatt owner’s takeover approach

Labatt owner AB InBev seeks US$275B tie-up with SABMiller

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