AB InBev Clinches SABMiller as U.S. Deal Agreed

Anheuser-Busch InBev NV made a formal $107 billion offer for SABMiller Plc, sealing a long-anticipated deal that combines the world’s biggest brewers into a company controlling about half the industry’s profit. To gain regulatory approval, Molson Coors Brewing Co. will acquire SABMiller’s 58 percent stake in MillerCoors for $12 billion, giving it full control over brands like Coors Light and Blue Moon. The Budweiser maker plans to slash annual costs by $1.4 billion, one third of which will come from overlapping head-office roles. Jonathan Fyfe, an analyst at Mirabaud Securities discusses the deal with Bloomberg’s Manus Cranny on “The Pulse.”

Thailand Property Attracts Chinese Buyers
54:57 - Sansiri International Business Head Cobby Leathers discusses his outlook for Thailand's real estate market. He speaks on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
  • Full Show: What'd You Miss? (08/22)
  • Using AI to Figure Out What’s Hot in Pop Culture
  • Full Show: Bloomberg Technology (08/22)