SABMiller seems to have finally come around, on the fifth time of asking, after an imminent bid to takeover by Anheuser-Busch InBev was agreed in principal by its board just before the deadline day of October 14. The two breweries have asked for permission from British regulators to extend the deadline until October 28 for AB InBev to come up with a firm offer. Let’s take a look at why acquiring its largest rival and British beer behemoth was in AB InBev’s best interest.
SABMiller seems to have finally come around, on the fifth time of asking, after an imminent bid to takeover by Anheuser-Busch InBev was agreed in principal by its board just before the deadline day of October 14. The two breweries have asked for permission from British regulators to extend the deadline until October 28 for AB InBev to come up with a firm offer. Let’s take a look at why acquiring its largest rival and British beer behemoth was in AB InBev’s best interest.
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