Biggest Takeover Deal in the History of UK Might Happen in 2016
The deal between AB InBev (listed on Euronext Brussels and NYSE), headed by a Brazilian Executive Carlos Brito and SABMiller (UK- listed), headed by South African Jan du Plessis is about to be the third-biggest takeover deal in the history, and biggest ever in the UK. The total value of the takeover has been given as GBP 68bn (Equity) (GBP 75bn- including net debt). SAB Miller has accepted the takeover offer after 4 offers were made over a period of a month by AB InBev. First offer was made on 15 September 2015 for GBP 38 per share and was accepted by SAB Miller on 13 October 2015 (one day before the deadline mandated by British takeover rules) for GBP 44 when the share price of SAB Miller was only GBP 39.55. The share prices of both the companies soared up after 15 September 2015 since the takeover talks broke out (SAB Miller’s share price increased by 8% in London and AB InBev’s share price rose by 1.6% in Brussels). This takeover will make AB InBev responsible for every one of the three beer bottles sold in the international beer market and the combined brewer will have half of the industry’s profits. AB InBev exists in its present day form through successive mergers of three international brewing companies: Interbrew from Belgium, AmBev from Brazil, and Anheuser-Busch from the US.







