SABMiller Snubs AB InBev, Says $100 Billion Proposal Too Low

Updated on
  • Cash price of 42.15 pounds is `compelling,' AB InBev says
  • Shareholder Altria supports proposal, urges prompt discussions

SABMiller Rejects AB InBev's Offer Again

SABMiller Plc rejected Anheuser-Busch InBev NV’s 65.2-billion pound ($99.7 billion) takeover proposal as too low, putting it in conflict with its biggest shareholder, which urged the brewer to support the overture.

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