Anheuser-Busch Could End Up Making 1/3 of All Beer
Company talking potential takeover with SABMiller
By Arden Dier,  Newser Staff
Posted Sep 16, 2015 9:48 AM CDT
Miller Lite and genuine draft packages, brewed by SABMiller PLC, chill in a cooler in a liquor store in southeast Denver.   (AP Photo/David Zalubowski, File)
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(Newser) – Two of the largest beer makers could soon become one. Anheuser-Busch says it has approached SABMiller about a potential takeover and plans "to work with SABMiller's board toward a recommended transaction" which would put the company in control of 30% of the world’s beer market. Such a deal would also give Anheuser-Busch 75% of the US market, per the BBC, meaning adjustments would be needed for the deal to pass an antitrust review. A deal "would likely value SABMiller well in excess of its $75 billion market capitalization," adds the Wall Street Journal. SABMiller currently makes more than 200 beers, including Peroni and Grolsch, and employs 155,000 people in 25 countries.

 

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