UPDATE 2-SABMiller investors cheer $100 bln-plus AB InBev takeover

miércoles 28 de septiembre de 2016 09:19 GYT
 

* Deal seen closing on Oct 10

* AB InBev to retain name after takeover

* Deal adds Africa, Latin American markets to AB InBev

* AB InBev targeting at least $1.4 bln in cost savings (Adds comments from executives, shareholder)

By Martinne Geller and Philip Blenkinsop

LONDON/BRUSSELS, Sept 28 (Reuters) - SABMiller shareholders overwhelmingly backed the brewer's $100 billion-plus takeover by Anheuser-Busch InBev on Wednesday, clearing the last big hurdle for one of the largest corporate mergers in history.

The combined group will sell more than a quarter of all beers sold worldwide and be the fifth largest consumer goods company. For the maker of Budweiser, Corona and Stella Artois it provides entry into Africa and large fast-growing Latin American markets such as Colombia and Peru.

It will also cut its revenue from mature markets North America and Europe to 37 from 47 percent.

AB InBev's 79 billion pound ($102.85 billion) bid passed in a meeting at a London Park Lane hotel lasting less than half an hour, overseen by Chairman Jan du Plessis, who fielded only two questions from shareholders.   Continuación...