AB InBev and SABMiller have agreed to merge, the transaction amount will be $107 billion


MOSCOW, November 11. International brewing Corporation Anheuser-Busch InBev and the SABMiller group agreed to merge, according to a press release, SABMiller. Based on the estimated cost of the proposal, the deal will be about 71 billion pounds, or $107 billion.

Earlier, news Agency AFP has considered that the amount of the transaction will amount to €112 billion.

According to the report of SABMiller, AB InBev will pay 44 pounds for one share of the company is approximately 50% above the cost of the SABMiller market on September 14, 2015 (29,34 pounds per share), the last date prior to the release of information about the resumption of AB InBev suggestions about buying, States in a press release.

The Board of Directors of the brewing company AB Inbev on 13 October, agreed the possible terms of the acquisition with the Board of Directors of SABMiller, under which the latter could be bought for $104 billion (68 billion pounds). In mid-September 2015, the newspaper The Wall Street Journal called the trade amount of more than $75 billion Under the terms of the agreement, SABMiller will acquire a new company – it will be specially created in Belgium and will include AB InBev.

SABMiller also reported that in case of successful completion of a transaction with AB InBev will sell its stake in MillerCoors (a joint venture of SABMiller and Molson Coors) for $12 billion Stake in MillerCoors Molson Coors will purchase.

Together with AB InBev MillerCoors LLC controls about 70% of the market. In turn, SABMiller produces about 200 sorts of beer. The merging of these two largest companies in the world, as noted by The Wall Street Journal, “would be a reason for active consideration of a transaction from the point of view of the antitrust laws around the world.”

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

SABMiller is one of the world’s largest producers of beer and a bottler of the Coca-Cola owning its own portfolio of brands of soft drinks. The company owns more than 200 beer brands including Pilsner Urquell, Peroni Nastro Azzurro, Miller Genuine Draft and Grolsch. SABMiller operates in more than 80 countries.