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takyon [soylentnews.org] writes:

The takeover of SAB Miller by AB InBev has been approved [bbc.com] by shareholders (with an increase in the price due to Brexit) and regulators:

Budweiser owner Anheuser-Busch InBev's £79bn takeover of rival SAB Miller is set to go ahead after the shareholders of both firms approved the mega-deal. The deal is expected to be completed on 10 October and will create the world's largest beer firm. Global regulators have already approved the deal, which AB InBev says will create "the first truly global brewer".

The enlarged group - which will produce almost a third of the world's beer - will take the AB InBev name. The deal was agreed last year, but in July AB InBev was forced to raise its offer following a fall in the pound in the wake of the Brexit vote. AB InBev increased its offer by £1 a share to £45 a share. [...] The takeover is expected to boost AB InBev's prospects in developing markets in Africa and China, where a SABMiller joint venture produces Snow, the world's best selling beer by volume.

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