2oceansvibe News | South African and international news

Sponsored by RSAWeb rss
2ov Radio
  • Home
  • About
    • Terms and Conditions
    • Seth Rotherham
  • du Cap Collection
  • Café du Cap
  • Cabine du Cap
  • Media Packs / Advertising
  • Contact
    • Contact
    • Anonymous Tips
    • Twitter
    • Facebook
Seth Rotherham
  • Budweiser Wants SABMiller In R3 Trillion Merger

    16 Sep 2015 by Kiernan in Alcohol, America, Beer, Business, South Africa
    Related Posts
    • Forget Probiotics, Beer Is Great For Gut Health
    • Warren Buffett’s Protégé Got Hired At 25 After Sending The Billionaire A Letter
    • Smart Local Businesses Can Save Big Time By Hiring Tech
    • Elon Musk's Daddy Issues Are Being Aired All Over Twitter Now
    • Must Be Nice - Insurance Company CEOs In South Africa Are Earning Eye-Watering Amounts

    Imagine being able to say your company is responsible for producing one third of the world’s beer – has a nice ring to it, right?

    Well it looks like Anheuser-Busch InBev might soon be able to say that with a straight face, this after they announced that they had made a takeover bid for SABMiller. Over to the BBC:

    AB InBev said it had approached SABMiller’s board about a “combination of the two companies”.

    However, it added that there was no certainty the approach would lead to an offer or an agreement…

    “Let’s get this straight, this is a takeover by AB InBev of SABMiller. It’s not a merger,” said Larry Nelson, editor of the industry trade magazine, Brewer’s Guardian.

    Anheuser-Busch InBev are responsible for names like Budweiser, Stella Artois and Corona, which means that should they acquire SABMiller the firm would be valued around at least $230bn (R3,06 trillion). More from the BBC:

    AB InBev has an eye on the South African markets where SAB Miller dominates in 15 countries, and has a presence in a further 21.

    A merger would also strengthen its grip on South America and Mexico which are by far its most profitable markets.

    This deal has long been anticipated but analysts believe AB InBev was held back from making an offer because of high levels of debt built up through a string of other purchases.

    I think I speak for most of us when I say as long as the beer is cold it’s fine by us, but if anyone starts trying to shovel Bud down my throat we will need to have some stern words.

    [source:bbc]

    • ← The Reason Why That Charlie Hebdo ‘Drowned Syrian Boy’ Cartoon Isn’t Tasteless At All
    • The Hottest Game Of Thrones Sex Scenes →
    • Tweet
    • Tags:
    • beer
    • budweiser
    • Business
    • SABMiller

    Latest News

    • BA Pilot Had Cocaine Party In Joburg Before He Was Due To Fly Full Plane To London

      [imagesource:befunky] British Airways is having a bad time explaining why a delayed fli...

    • “This Should Be An iPhone Ad” – Guy Shows Impressive Zoom On Mona Lisa In Crowded Louvre [Video]

      [imagesource:Pexels/Jill Evans] A tourist has just wowed everyone with a video showcasi...

    • This Private Island In The Caribbean Is On Sale For The Same As A Bare Plot In Camps Bay

      [imagesource:befunky] While browsing online for a new 2OV head office, we happened on t...

    • Jeremy Allen White From ‘The Bear’ Is Starring In A New Sci-Fi Romance That Puts Love To The Test [Trailer]

      [imagesource:appletv] One of the internet's favourite "babygirls"- better known as Carm...

    • What Happened To Cape Town’s Sungazer?

      Cape Town can be a mysterious place with weird and wonderful stuff. There's the magnifi...


    • 2oceansvibe Partners

    • CONTACT US
    • GOT A HOT STORY?
    • 2oceansvibe Radio
    • 2oceansvibe Media
    • Media Pack
    • Seth Rotherham
    • Café du Cap
    • Cabine du Cap
    • Cape Town City Accommodation
    • Terms & Conditions
    • Business
    • Media
    • Entertainment
    • Tech/Sci
    • World
    • Travel
    • Lifestyle
    • Sport
    • Politics
  • Follow

    2oceansvibe.com is part of the 2oceansVibe Media Group

    DMMA Logo