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AB InBev, SABMiller extend takeover deadline to November 11

November 4, 2015 by · Leave a Comment 

Brewer SABMiller Plc has extended the deadline for rival Anheuser-Busch InBev to make a formal $100 billion-plus takeover offer by a further week in order to finalize shareholder support for the deal. The two companies said in a joint statement on Wednesday that London's Panel on Takeovers and Mergers had granted SABMiller's request to push back the deadline to 5 p.m. (12.00 midnight ET) on Wednesday, November 11. The …

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AB InBev, SABMiller extend takeover deadline to November 11