AB InBev-SAB Miller deal approved by shareholders

Budweiser owner Anheuser-Busch InBev's £79bn takeover of rival SAB Miller is set to go ahead after the shareholders of both firms approved the mega-deal.

The deal is expected to be completed on 10 October and will create the world's largest beer firm. Global regulators have already approved the deal, which AB InBev says will create "the first truly global brewer".


The enlarged group - which will produce almost a third of the world's beer will take the AB InBev name.

The deal was agreed last year, but in July AB InBev was forced to raise its offer following a fall in the pound in the wake of the Brexit vote. AB InBev increased its offer by £1 a share to £45 a share.