SABMiller

Brewers Anheuser-Busch InBev and Anadolu Efes have agreed to merge their businesses in Russia and Ukraine, following years of decline in the Russian beer market due to tighter regulation.

British brewer SABMiller, fresh from agreeing to a vast $121-billion takeover from global leader Anheuser-Busch InBev, posted sliding first-half net profits on Nov. 12 on the back of the strong dollar.

The world's top brewer Anheuser-Busch InBev clinched Nov. 11 a gigantic formal $121-billion deal for its nearest rival SABMiller, in the third biggest takeover in global corporate history.

British brewer SABMiller announced on Oct. 13 that it had agreed a takeover by Anheuser-Busch InBev, the world's biggest beer producer, in a deal worth about $109 billion (71 billion, 96 billion euros).

Belgian-Brazilian group AB InBev, the maker of Budweiser and Stella Artois lagers, struck a deal with the maker of Foster's and Grolsch at the fifth time of asking.

Brewer SABMiller on Oct. 7 said its board had "unanimously rejected" the third takeover offer from rival AB InBev, insisting it "substantially" undervalues the group.

Anadolu Group, the Turkish conglomerate that owns Efes Pilsen, the country’s largest brewer, is not considering selling its global brand, the group’s chairman has said, after recent reports that SABMiller, the sector giant, had made an offer for it.