M a r k e t N e w s
Africa expansion drives SABMiller, AB InBev mega-merger
Posted on : Saturday, 7th November 2015
Access to African markets is a key driver in the planned mega-merger of brewing giants SAB Miller and AB InBev, according to industry insiders.
The planned $106 billion acquisition of SABMiller by AB InBev will be the third largest M&A transaction in history, and will give the merged entity control over around one third of global beer sales.
While AB InBev has a very small footprint in the continent, SABMiller currently sells around 40 beer brands in Africa and generates around a third of its profit and revenue across 37 African markets.
Source : AFRICA BUSINESS CENTRAL