Around the Net
AB InBev Says Merger Is Good For Everyone
- Bloomberg, Wednesday, December 9, 2015 8 AM
Anheuser-Busch InBev NV Chief Executive Officer Carlos Brito told U.S. legislators that its proposed $110 billion acquisition of SABMiller would boost domestic beer competition not its market position in the U.S. To stave off the U.S. Department of Justice, he said the company would divest SABMiller’s 58% stake in MillerCoors to JV partner Molson Coors Brewing Co. for $12 billion.
