AB InBev & SABMiller merger officially closed Monday

It’s official—Anheuser-Busch InBev (AB InBev) closed the deal on a $100 billion acquisition of SABMiller. The two global brewing giants began the process nearly a year ago, and have been clearing antitrust hurdles through divesting various brands in each of the companies’ portfolio. Most notably in the United States was SABMiller’s sale of its 58% stake in … [ Read more]

AB InBev, SABMiller merger given preliminary OK from Justice Department

The U.S. Department of Justice has entered into a consent decree with Anheuser Busch InBev, paving the way for its planned $108 billion merger with SABMiller. The decree makes clear the terms by which the Antitrust Division will allow the proposed merger, which AB InBev still expects to complete by the end of 2016. Among … [ Read more]

Teamsters: MillerCoors’ Eden Brewery closure makes industry less competitive

The proposed mega-merger of SABMiller and Anheuser Busch-InBev, along with the related sale of SAB’s stake in MillerCoors to Molson Coors, is currently under review by the Department of Justice Antitrust Division. The International Brotherhood of Teamsters has recently weighed in on a specific aspect of the merger—urging U.S. Attorney General Loretta Lynch to address what they say … [ Read more]

Small Brewer’s Caucus sends letter to Justice Department over AB InBev–SABMiller merger

Who says Democrats and Republicans can’t agree on anything? The Small Brewer’s Caucus in the House of Representatives sent a bi-partisan letter to the Department of Justice outlining their concerns over the Anheuser-Busch InBev acquisition of SABMiller. This after U.S. Senators Amy Klobuchar and Mike Lee led a hearing of the Senate Subcommittee on Antitrust, Competition Policy and Consumer … [ Read more]

Africa is the world’s fastest growing beer market

The beer market in Africa is predicted to grow faster than Asia, the Middle East, Europe, and North America, in the next five years, reports BeverageDaily.com. Beer consumption in the continent is set to continue growing at similar rates to previous years. Year-on-year growth was 4% during 2012, ’13, and ’14, and is expected to … [ Read more]

Date Set for SABMiller, AB-Inbev Merger Hearing

U.S. Senators Amy Klobuchar and Mike Lee announced via press release today that the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights will hold a hearing on Anheuser-Busch Inbev’s proposal to purchase SABMiller on Tuesday, December 8, at 10am EST. The hearing will examine how the proposed merger of the world’s two biggest beer … [ Read more]

SABMiller Agrees to AB-InBev Terms, will Divest Stake in MillerCoors

AB InBev and SABMiller have agreed on terms of sale for an estimated £71 billion ($105 billion) merger that would fold the two companies into a new conglomerate. The new company stands to become one of the largest consumer products companies in the world, as 1/3rd of all the beer brewed on earth will fall under their corporate umbrella … [ Read more]

U.S. Senators to lead Antitrust Subcommittee Hearing on AB InBev / SABMiller merger

  With the AB InBev / SABMiller mega-merger agreed upon in principle by the companies, U.S. Senator Amy Klobuchar of Minnesota announced yesterday that she and U.S. Senator Mike Lee of Utah will lead a hearing of the Senate Subcommittee on Antitrust, Competition Policy and Consumer Rights to look into the implications of the merger. Klobuchar, who is the ranking member … [ Read more]

AB InBev reaches $104.2 billion deal to acquire SABMiller

After weeks of negotiations, Anheuser-Busch InBev and SABMiller have agreed to a $104.2 billion acquisition deal today. If the merger is approved by shareholders and regulators, it would be the largest acquisition in beer and a top-five acquisition overall. To avoid anti-trust laws, SABMiller will likely have to divest portions of its company to get the … [ Read more]

A-B InBev and SABMiller talk merger – again

In response to media speculation about a possible deal, SABMiller confirmed this morning that Anheuser-Busch InBev has made known its intention to acquire the company, CNBC reports. In a statement, SABMiller said that no proposal had yet been received from A-B InBev but that it would respond as appropriate once an offer is made. The news mirrored stories … [ Read more]

Huge Volume, Tiny Margins in the Chinese Beer Market

The Wall Street Journal is reporting on the vexing beer market in China: five large conglomerates, including SABMiller and A-B InBev, all fighting for a share of a full 25% of global beer volume. Yet this intense competition is shrinking their margins. Thus China accounts for only 10% of global beer revenues and just 3% … [ Read more]