The ‘Big Deal’ is about to be a ‘Done Deal.’ ABInBev and SABMiller announced today that they have agreed in principle to a merger between the number one and two largest brewers in the world.. Final price tag; $106 billion. It is one of the largest global corporate mergers in history.
Also announced today as expected, ABInBev will spin off the MillerCoors brands here in the US. To satisfy antitrust regulators. Molson Coors will pay $12 billion to takeover SABMiller’s stake in their MillerCoors joint venture which will give them full control of the MillerCoors brands in the US.
The new combined global brewer will control about 30% of the world’s beer market. Number two Heineken will be at roughly 10%.