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| ![]() Who will win this battle of giantsBy: Abasto Media beer This was revealed by the Wall Street Journal where according to their report the transaction is estimated to be about £75 billion ($122 billion). This announcement caused the SABMiller share price to increase by 13%. According to the publication, AB InBev is not discussing with SABMiller any negotiation, as it is waiting to consolidate the offer before making a formal proposal. This news was disclosed a day after the Dutch multinational Heineken recognized that they received an approximation of purchase by SAB Miller, considered as a strategy to protect against any potential rival bid. SABMiller made a purchase proposal to Heineken, the third largest brewer in the world. However, Heineken-after a meeting with its controlling shareholders- http://abastomedia.com/ End
Page Updated Last on: Sep 16, 2014
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