Anheuser-Busch Could End Up Making 1/3 of All Beer

Two of the largest beer makers could soon become one. Anheuser-Busch says it has approached SABMiller about a potential takeover and plans "to work with SABMiller's board toward a recommended transaction" which would put the company in control of 30% of the world’s beer market. Such a deal would also give Anheuser-Busch 75% of the US market, per the BBC, meaning adjustments would be needed for the deal to pass an antitrust review. A deal "would likely value SABMiller well in excess of its $75 billion market capitalization," adds the Wall Street Journal. SABMiller currently makes more than 200 beers, including Peroni and Grolsch, and employs 155,000 people in 25 countries. (More Anheuser-Busch stories.)