AB InBev makes new 68b pound bid for rival SABMiller

AB InBev makes new 68b pound bid for rival SABMiller

A bartender serves a beer produced by brewing company SAB Miller at a bar in Cape Town, September 16, 2015. REUTERS/Mike Hutchings

Anheuser-Busch InBev, the world’s largest brewer, on Wednesday increased its bid for its largest rival SABMiller to 42.15 pounds per share in cash, valuing the company at nearly 68 billion pounds ($103.63 billion).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter