BRIEF-AB InBev formally launches $100 bln-plus takeover bid for rival SAB

miércoles 11 de noviembre de 2015 04:41 GYT
 

Nov 11 (Reuters) - Anheuser-busch Inbev SA

* Boards of Anheuser-Busch Inbev SA/NV ("AB Inbev") and SABMiller Plc ("SABMiller") are pleased to announce that they have reached agreement on terms of a recommended acquisition

* Transaction will be implemented by means of acquisition of SABMiller by Newco (a belgian company to be formed for purposes of transaction)

* Cash consideration represents: a premium of approximately 50% to sabmiller's closing share price of £29.34 on 14 september 2015

* A premium of approximately 36% to SABMiller's three month volume weighted average share price of £32.31 to 14 September 2015

* Transaction will also include a partial share alternative under which sabmiller shareholders can elect to receive: for each SABMiller share: £3.7788 in cash

* Deal for each SABMiller shareholder will be entitled to receive: for each SABMiller share: £44.00 in cash

* Has agreed that SABMiller shareholders will be entitled to receive any dividends announced, declared or paid by SABMiller

* Believe that combined group will be able to achieve incremental recurring run rate pre-tax cost synergies of at least US$1.4 billion per annum   Continuación...