Stella brewer InBev has sealed the acquisition of Budweiser manufacturer Anheuser-Busch with a $52bn offer being accepted early this morning (July 14).
The deal, which equates to $70 a share, is a $5-a-share increase on InBev’s initial offer.
Carlos Brito, InBev chief executive, will become CEO of the combined company, called Anheuser-Busch InBev.
A-B will be a wholly owned subsidiary of InBev.
Brito commented: “We are very pleased to announce this historic transaction today, bringing together two great companies that share a rich history of brewing traditions.
“We are extremely excited about the opportunities that this combination will create for consumers worldwide, as well as our shareholders, employees, business partners and wholesalers.”
