Brewer AB InBev swallows rival SABMiller for $121 bn

The world's top brewer Anheuser-Busch InBev clinched Wednesday a gigantic formal $121-billion deal for its nearest rival SABMiller, in the third biggest takeover in global corporate history. The blockbuster transaction, worth the equivalent of 112 billion euros including debt, will bring together InBev's top lagers like Beck's, Budweiser and Stella Artois, with SABMiller brands Foster's, Grolsch and Peroni. Belgian-Brazilian behemoth InBev is eager to tap into booming developing markets in Afric