Credit: Shutterstock photoSABMiller Plc (….-%) ( SAB )(SAB - $6-.-'/4,-5- p - London Stock Exchange) is a holding company, which has brewing and beverage operations across five regions. The company, together with its subsidiaries, is engaged in the manufacture, distribution and sale of beverages, best known for its Miller brand of beer. On November --, -…-5 SAB agreed to be acquired by Anheuser- Busch InBev in a cash and stock deal valued at 7-.6 billion GBP. The terms of the deal give shareholders either 44GBP per share of SAB, or a combination of '.7788GBP and .48'969 shares of Anheuser-Busch. The deal is subject to shareholder approvals and regulatory conditions being met. We currently expect the deal to close in the second half of -…-6.
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From Mario Gabelli ( Trades , Portfolio )'s first quarter -…-6 ABC Fund shareholder commentary. About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.