The Boston Globe reports:
At the sixth time of asking, British-based brewer SABMiller accepted ‘‘in principle’’ Tuesday a $106 billion (£69 billion) takeover offer from Belgian-Brazilian Anheuser Busch InBev that will create the world’s biggest beer company and bring together top U.S. brands Budweiser and Miller Genuine Draft.
There's more:
If the merger deal is formally agreed, then the combined company will control some 31 percent of beer sales around the globe. Given the size of the company, there are likely to be some regulatory concerns, notably in the US and China as authorities worry about the impact on consumer choice.
More choice than
ever and someone fears the lack of choice! Anti-trust laws really are a
fraud.
