The cash proposal, AB InBev's fourth, represents a premium of over 48 percent to SABMiller's closing price on Sept. 14, AB InBev said in a statement.
(Reporting by Esha Vaish in Bengaluru; Editing by Saumyadeb Chakrabarty)
(Reuters) - Anheuser-Busch InBev on Monday confirmed it had made a higher 43.50 pound-per-share takeover proposal for SABMiller as the world's largest brewer tries to win over its smaller rival to create a global brewing giant.
The cash proposal, AB InBev's fourth, represents a premium of over 48 percent to SABMiller's closing price on Sept. 14, AB InBev said in a statement.
(Reporting by Esha Vaish in Bengaluru; Editing by Saumyadeb Chakrabarty)
1st Jan change | Capi. | |
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-1.70% | 55.05B | |
+5.93% | 46.85B | |
-9.91% | 38.43B | |
-2.81% | 22.69B | |
-22.44% | 19.14B | |
+9.59% | 19.09B | |
+3.25% | 17.99B | |
+8.63% | 15.43B | |
+11.16% | 12.92B |