AB Inbev Brewing Up Mega Deal for Sabmiller

Now for the bad news: big beer is about to get bigger.-PGA

From Reuters. No Author Credited

In a global brewing industry marked by huge consolidation over the last decade, bankers are hopeful of an $80-billion (£51.5-billion) plus deal to end all deals between the industry’s two giants, Anheuser-Busch InBev and SABMiller .

If AB InBev buys SABMiller it could be the biggest cash takeover in history and would create a group brewing a third of the world’s beer. Analysts and bankers suggest 2013 as a likely time frame for a takeover that is seen as the final play in deal making in big world brewing.

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