09-16-2015, 05:46 PM
http://www.reuters.com/article/2015/09/16/us-sabmiller-m-a-abinbev-idUSKCN0RG18320150916
Can I just say that would be one behemoth of a company?
Quote:Anheuser-Busch InBev (ABI.BR), the world's largest brewer, has approached rival SABMiller (SAB.L) about a takeover that would form a colossus producing a third of the world's beer.
A merged group would have a market value of around $275 billion at current prices, and would combine AB InBev's dominance of Latin America with SABMiller's of Africa, both fast-growing markets, as well as their breweries in Asia.
"The real attraction is Africa, where AB InBev has no presence, as well as some add-ons in Asia and Latin America," said Societe Generale analyst Andrew Holland.
AB InBev and other top brewers are trying to move into new markets as they look to shrug off weakness in North America and Europe, where consumers increasingly choose craft beers made by independent players or wine or spirits.
Can I just say that would be one behemoth of a company?
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
