SABMiller logs profits fall awaiting AB InBev takeover

British brewer SABMiller on Wednesday announced a drop in annual net profits, hit in part by costs linked to its upcoming takeover by sector leader Anheuser-Busch InBev. Chief executive Alan Clark said the year had seen "economic and currency volatility and the distraction of the AB InBev offer". In particular, SABMiller was hit by the dollar's rise against rival currencies.