23-08-2016 12:53 via uk.news.yahoo.com

UK court says SABMiller shareholders can be split into two classes

By Martinne Geller LONDON (Reuters) - SABMiller shareholders can be treated as two separate groups when they vote on the company's takeover by Anheuser Busch InBev, a court in London ruled on Tuesday, granting a request from SAB for a split. The 79 billion pound ($103 billion) deal requires 75 percent approval by SAB shareholders. SAB requested that those two shareholders -- cigarette maker Altria Group and Bevco, a vehicle of Colombia's Santo Domingo family -- be treated as a separate class.
Read more »