SABMiller Investor PIC Says `Not in Favor' of AB-Inbev Tie-Up

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  • Brewer's fourth-largest shareholder wary of competition issues
  • SABMiller said to reject informal offer of 66.4 billion pounds

AB InBev’s $100B SABMiller Offer: a Deal Worth Toasting?

The Public Investment Corp., a South African state-owned pension fund manager that owns a stake in brewer SABMiller Plc, said it opposes a takeover by larger competitor Anheuser-Busch InBev NV because it could create a brewer that’s too dominant, hurting consumers.

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