**Alert** WSJ: A-B Talking to Banks About $122 Deal To Buy SABMiller, per Source

FILED SEPTEMBER 15, 2014

Dear Client:

It's a season of deal fever: The Wall Street Journal is reporting that A-B is attempting to line up financing for a potential purchase of SABMiller, though they're not in "active" talks, "according to a person familiar with the matter." Source said A-B is getting its ducks in a row, first talking to banks to secure what could be a "$122 billion deal" to buy their rival.

"AB InBev isn't in active discussions with SABMiller, said the person, explaining the company is waiting to line up its financing before making a formal approach," per story.

The story comes amid deal speculation surrounding (separately), Heineken and Pabst. Friday we reported that Pabst owner C. Dean Metropoulos could be in "advanced talks" to sell Pabst Brewing Co. to private-equity firm TSG Consumer Partners LLC (and others) for slightly less than $1 billion, also according to the WSJ.

And just this morning we reported that SABMiller approached the family owners of Heineken NV about an offer, in a bid to ward off what many see as an inevitable bid from AB InBev. Heineken declined, preferring to retain control of the company.


Until tomorrow, Harry

"One should always be in love. That's the reason one should never marry."
-Oscar Wilde


THE 2015 BEER SUMMIT - The Beer Industry Summit will be at The Breakers resort in Palm Beach, FL. January 11 - 12, 2015. Register and more info here: http://beernet.com/beer_summit.php


---------- Sell Day Calendar ----------
Today's Sell Day: 10
Sell days this month: 22
Sell days this month last year: 21
This month ends on a: Mon.
This month last year ended on a: Mon.
YTD sell days Over/Under: 0

----

(c) 2014 BeerNet Communications, Inc. - All rights reserved. Please, no forwarding or copying. Individual subscriptions $580/year. Corporate rates available.
Editor & Publisher: Harry Schuhmacher - hs@beernet.com
Twitter: @beerbizdaily

Senior Beer Editor: Jenn Litz - jenn@beernet.com
Customer Service: Kim Nelson - Kim@beernet.com


Check beernet.com for back issues or to subscribe or renew. Phone: 210-805-8006. Email: admin@beernet.com

BeerNet Radio: http://www.beernet.libsyn.com

We have a new mailing address:

909 NE Loop 410, Suite 7
San Antonio, TX 78209


BeerNet Communications, 909 NE Loop 410, Suite 720, San Antonio, TX 78209 USA

Unsubscribe | Change Subscriber Options

Go back to listing Go to next article Go to previous article

Top Secret News Hotline:

Got beer news for BBD?

Submit Anonymously
twitter facebook