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]