Anheuser-Busch proposes merger with Miller’s parent

bud beers

Two potent rivals for dominance of restaurant beer lists would become one bidder if Anheuser-Busch InBev succeeds in a proposed takeover of SABMiller in a deal likely to exceed $75 billion.

Media statements from both parties confirmed that an acquisition offer was made by the A-B parent, but terms were not disclosed. Speculations on the price have been based largely on the capitalization value of SABMiller. Combined, the two companies would have a market value of about $270 billion.

The beer brands produced and distributed by the two companies are familiar offerings in casual restaurants. A-B is the brewer of Budweiser, Bud Light, Michelob and such craft brews as the Goose Island and Blue Point lines.

SABMiller’s beers include Miller, Miller Lite and such craft selections as Leinenkugel.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Financing

For Starbucks, 2 years of change hasn't yielded promised results

The Bottom Line: The coffee shop giant’s sales struggles worsened earlier this year, despite a flurry of efforts to improve operations and employee satisfaction.

Food

Nando's Americanizes its menu a bit as U.S. expansion continues

Behind the Menu: Favorites like mac and cheese, bowls and salads join the fast casual’s Afro-Portuguese-rooted dishes, including the signature peri-peri chicken.

Financing

The consumer is cutting back, but not everywhere

The Bottom Line: Early earnings from major restaurant chains suggest the consumer has taken a distinct turn for the worse so far in 2024.

Trending

More from our partners