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SABMiller shareholders approve AB InBev takeover

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SABMiller shareholders approve AB InBev takeover

Shareholders of brewing giantAnheuser-Busch InBev approved the blockbuster takeover of rival SABMiller, the brewer said on Wednesday, that would create the biggest beer company in the world. AB InBev, the brewer of Budweiser and Stella Artois, is already the world’s top brewer and the SABMiller acquisition for $104 billion is in line to be the third largest merger in history. “AB InBev shareholders expressed their supportfor the combination by passing all resolutions that were proposed in connection with the combination,” a short statement from the Belgium-based brewer said. AFP

Source : Business Standard

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