beer giant ab inbev urges sabmiller to seize opportunity
Friday 25 July 2025
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Beer giant AB InBev urges SABMiller to seize 'opportunity'

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Beer giant AB InBev urges SABMiller to seize 'opportunity'

SABMiller
Brussels - AFP

The world's biggest brewer, Anheuser-Busch InBev, urged shareholders at rival beer giant SABMiller on Thursday to go against their board and accept a new takeover offer.

SABMiller -- the British maker of Foster's, Grolsch and Pilsner Urquell -- rejected on Wednesday an improved $103-billion takeover from Anheuser-Busch InBev, arguing the third attempt was too low.

But in a surprise twist, US tobacco giant Altria -- which owns 27 percent of SABMiller -- told the British group to agree terms and AB InBev seized on the split.

"Our proposal creates significant value for everybody," Carlos Brito, CEO of Anheuser-Busch InBev, said in a statement.

"If shareholders agree that we should be in proper discussions, they should voice their views and should not allow the Board of SABMiller to frustrate this process and let this opportunity slip away," he added.

AB InBev said the rejection "lacked credibility" given that the offer represented a premium of about 44 percent to SABMiller's closing share price on September 14 when reports of takeover talks first emerged.

Also, it said Altria "has publicly stated that it supports our proposal".

A deal would create a global "megabrewer" worth about 220 billion euros ($250 billion).

The big brewers are looking for tie-ups to offset the inroads made by small independent brewers catering to local demand for craft beers and other less brand-heavy products.

SABMiller shareholders rejected two previous offers at 38 pounds and then 40 pounds.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

beer giant ab inbev urges sabmiller to seize opportunity beer giant ab inbev urges sabmiller to seize opportunity

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

beer giant ab inbev urges sabmiller to seize opportunity beer giant ab inbev urges sabmiller to seize opportunity

 



GMT 10:18 2018 Thursday ,30 August

Iran incapable of closing Hormuz, Bab Al Mandeb

GMT 10:46 2012 Thursday ,16 February

BMW i8 The Best of the 2012 Detroit Auto Show

GMT 15:48 2018 Sunday ,21 January

Iraqi, Kurdish PMs try to resolve bitter dispute

GMT 06:15 2018 Tuesday ,09 January

Hollywood stars declare war on sexual misconduct

GMT 00:09 2017 Sunday ,29 January

Egypt working for Libya political solution, says FM

GMT 06:03 2017 Wednesday ,01 March

Saudi Aramco, Malaysian Petronas sign historic deal

GMT 13:55 2012 Sunday ,15 January

Youngest Microsoft professional dies

GMT 10:54 2016 Monday ,14 November

US elections have heightened uncertainty

GMT 10:49 2017 Wednesday ,20 September

Nabila describes mother’s death as the worst in life

GMT 00:24 2017 Saturday ,23 September

Gulf Air launches daily flights to Istanbul

GMT 14:50 2011 Friday ,24 June

Nelly Maqdasi sings for Arabs
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice