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AB InBev, Efes to merge Russian operations as sales slide
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.
SABMiller logs sliding net profits amid takeover
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.
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Brewer AB InBev swallows rival SABMiller for $121bn
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.