AB InBev to keep name after SABMiller takeover

News Express |28th Sep 2016 | 2,849

Anheuser-Busch InBev (AB InBev) shareholders voted in favour of the purchase of rival brewer SABMiller on Wednesday morning, approving all resolutions at the group’s meeting, including retaining the Anheuser-Busch InBev name after the takeover.

The deal is expected to be finalised by October 10, assuming shareholders in SABMiller and Newbelco vote in favour of it. Their meetings are also taking place on Wednesday.

SABMiller shareholder voting by proxy by Monday’s deadline approved the deal.

AB InBev CEO Carlos Brito said on Wednesday: “We are pleased that our shareholders’ vote brings us one step closer to combining our companies, teams, strong heritage and passion for brewing. We are committed to driving long-term growth and creating value for all our stakeholders.”

•Source: Business Day (South Africa). Photo shows AB InBev CEO Carlos Brito.

Comments

Post Comment

Edo seals market square over N27m unpaid taxes

Fubara Shuns Ibas in Broadcast

Three Killed, 1,415 Households Affected By Flash Floods In Adamawa — NEMA

FCT Resident Doctors Suspend Indefinite Strike, To Resume Monday

Life harder for my dad than footballers - Maresca

6-Year-Old Left on Bus Alone After School, Mom Says. He Called and Showed Her Empty Seats Before She Dialed 911

‘I can beat him’ – Moses Itauma offered huge fight with dangerous undefeated American KO artist

‘Scourged Back’ exposed the horror of slavery. Now it’s embroiled in America’s censorship debate

Marcus Rashford: Manchester United loanee praises Barcelona for help in becoming 'better player' after double against Newcastle

Starbucks staff to sue coffee shop over its ‘tone deaf’ new dress code

Harvard Receives $46 Million in Federal Grants, Ending 4-Month Freeze

Togo leader's sister-in-law arrested after calling for end to family rule

French trade unions issue ultimatum, threaten premier with new strikes

Taliban official dismisses Trump's hope to 'take back' Afghan airbase

Sally Rooney says she cannot enter UK in case of arrest

How Strive Masiyiwa is quietly building Africa’s next tech empire

BREAKING: Trump increases US visa fee for skilled workers by $100,000 (N150 million)

Kwankwaso gives conditions to rejoin APC

World Athletics: Drama as Nigeria’s Nathaniel loses bronze after initial upgrade

How police rescued me after 30 minutes gun duel in Abuja — Victim

Saturday, September 20, 2025 11:06 AM

GOCOP Accredited Member

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.