I’ve been reading about the likely merger of Anheuser-Busch InBev and SAB Miller and this global merger would account for 30 percent of ALL beer internationally.
I understand that, but all the international regulations is what is making my head hurt trying to figure out what percent of certain parts of one company needs to be sold here and what percentage there to make this work. I think I need a beer, whew.
Long story short, SABMiller needs to sell part stake of Snow, the world’s best selling beer to make Chinese regulatory people happy.
Then, SABMiller’s board, recommends that its shareholders accept an increased cash offer by Anheuser-Busch InBev that valued it at about $104 billion.
From there, the merger would create an industry giant, accounting for about 30 percent of global beer sales and would give Anheuser-Busch, the world’s largest brewer, a substantial operation in Africa, where it has little presence, and greater dominance in Latin America.
Oh yeah, it will cost about 3 percent of their work force to be cut because Anheuser-Busch InBev has a target of $1.4 billion in annual cost savings by the end of the fourth year following completion of the deal (expected to close later this year).
The deal valued SABMiller at more than $100 billion.
One company will now make, in no particular order… Coors, Blue Moon, Molson, Foster’s, Grolsch, Keystone, Leinenkugel, Mickey’s Miller, Milwaukee’s Best, Rolling Rock, Budweiser, Michelob, Busch, Shock Top, Redd’s, Landshark and that includes all the Light beers associated with each brand.
I’m glad I dont drnk, that was tough to get through was all that info about beer…J’Me Penc
