The Budweiser-Miller Giant Beer Merger Is Finally Happening
Budweiser, Corona, Blue Moon, and Miller are some of the most popular beers in the world and soon, they may be all owned by the same company. Remember last month when we reported on that merger between Anheuser-Busch AbInBev and SABMiller? It looks like the buyout is finally happening; AbInBEV has agreed to buy SABMiller for $104 billion, creating the largest brewery company in the world (and in the top five business acquisitions of all time), that produces nine of the top 20 selling beers internationally.
Both companies are labeling the agreement as a “possible deal” right now, according to CNN Money, with SABMiller’s executive board recommending the offer to shareholders. In total, the Bud-Miller super-corporation would control one-third of the world’s beer production. The probable deal has caught the attention of antitrust watchdog groups. In order to sneak past the U.S. monopoly laws, both companies could be forced to sell some of their assets so that the gigantic beer company could not freely control the beer market.
One of the biggest question marks that still remains is where the brewery headquarters be located.MillerCoors is located in Chicago currently, and Budweiser has its home in St. Louis. Will both companies be shipped overseas? The Chicago Tribune seems to think so.
“Plenty of businesses have been swept up in the excitement of romancing a potential acquisition only to wake up later to reality, regrets and a throbbing headache.”
According to CNN Money, the top 10 global best-selling beers in both companies are Bud Light, Budweiser, Skol, Harbin, Brahma, Corona Extra, Miller Light, Antarctica, Busch, and Sedrin.