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Budweiser Planning SABMiller Takeover

KING OF BEERS

Combined value may be $230 billion.

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© Fred Prouser / Reuters

Anheuser-Busch InBev confirmed it has proposed to take over SABMiller, potentially forming a company that will produce one-third of all the world’s beer. The combined market value of the two companies would be as high as $230 billion, and would bring together brands like Budweiser, Stella Artois, Corona, Peroni, and Grolsch under one roof. SAB Miller has not commented on the terms of the proposal.

Read it at BBC News