After years of major growth for beer giant Anheuser-Busch InBev thanks to a slew of acquisitions, reports say the company has hit a plateau and may soon pursue an acquisition of rival SABMiller to boost profits once again.
AB InBev, the world’s largest brewer, has been rumored to be mulling an SABMiller bid; its main competitor is worth $79 billion, according to reports.
Such an acquisition is “obvious,” according to some experts, after AB InBev has inked $91 billion in merger deals in the last decade. SABMiller CEO Alan Clark first sparked merger rumors earlier this year when he said a deal could potentially be made, while authorities would likely demand concessions.
The tie-up could lead to the combined company controlling nearly half of the global beer market, say reports.
Full Content: Bloomberg
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