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US: Pepsi may be new takeover target for merger-thirsty AB InBev

By  |  October 14, 2014

As Belgium- and Brazil-based beer giant Anheuser-Busch InBev continues to keep investors guessing with its next takeover target, some experts believe the company could soon go after PepsiCo.

AB InBev is being closely watched as rumors fly that it is looking to acquire its closest rival SABMiller. But according to unnamed sources, should that deal fail, AB InBev is being advised that a takeover of PepsiCo, worth $142 billion, could be its best option.

The sources said no talks have been held yet, however, and that no deal is imminent. But analysts are encouraging AB InBev to look beyond the beer industry for its next takeover.

According to reports, the world’s largest brewer has struck nearly $90 billion worth of acquisitions in the last decade.

Full content: Bloomberg

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