29-07-2016 17:37 via feedproxy.google.com

Good news for the biggest takeover in years (BUD, SAB)

It's back on.
The beer giant SABMiller's board of directors on Friday unanimously recommended an increased takeover offer from the rival Anheuser-Busch InBev.
AB InBev, the maker of Budweiser, earlier this week raised its takeover offer to £45 ($60) a share from £44 ($58), which it had initially agreed to back in October.
The new offer values SABMiller, the maker of Miller, at roughly $125 billion, up from about $109 billion in October, based on exchange rates at the time.
Numerous a
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