SABMiller Halts AB InBev Integration, Deal Now in Disarray

  • U.K. brewer’s board said to be still reviewing ABI’s new offer
  • Shares of Molson Coors Brewing fall as much as 8.9 percent

SABMiller Orders Halt to InBev Work

AB InBev’s $103.6 billion takeover bid for SABMiller Plc was thrown into disarray after the target company suspended integration of the two brewers following a rebellion from shareholders who say they haven’t been compensated enough for the pound’s recent plunge. SABMiller shares fell the most in almost 10 months.

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