SABMiller has agreed to a merger with ABInBev for the price of 44 pounds per share

SABMiller has agreed to a merger with ABInBev for the price of 44 pounds per share


Company reaches agreement on key terms of a new proposal. Previously SABMiller has already rejected three offers AВInBev – at 40, 42, and 43.5 42,15 pound pound per share SABMiller.

MOSCOW, 13 Oct. One of the largest brewing companies in the world Anheuser-Busch InBev (ABInBev) and the concern SABMiller reached an agreement in principle on the merger at a price of 44 pound (67,56 dollar) for each share of the company, said in a release SABMiller.

Previously SABMiller has already rejected three offers AВInBev — at 40, 42 and 42,15 pound per share SABMiller. ABInBev on Monday offered to buy SABMiller at a price of 43.5 lbs (66,79 dollar) per share. Currently the company reaches agreement on key terms of a new proposal, which is expected to be made by the company ABInBev.

“The announcement does not indicate a firm intention ABInBev to make an offer. There is no certainty that an offer will be made”, — stated in the message SABMiller.

The price of the alleged offers 50% higher than the SABMiller share price at the close of trading on September 14, 2015 (29,34 GBP).

The company Anheuser-Busch InBev was formed in 2008 through the merger of the Belgian InBev and American Anheuser-Busch. The group produces beer under the brands of Budweiser, Stella Artois and Beck’s.

SABMiller is the second largest beer producer after Anheuser-Busch InBev. A Russian subsidiary of SABMiller — the company “SABMiller Rus” has been operating since 1998. “SABMiller Rus” produces such beer brands as “Golden barrel”, “Three heroes” and “My Kaluga”, Miller Genuine Draft, Pilsner Urquell, Velkopopovicky Kozel, Peroni Nastro Azzurro, Grolsch and REDD’s license and Holsten.