AB InBev raises offer for SABMiller

Multinational beverage and brewing company Anheuser-Busch InBev (AB InBev) has made a revised and final offer for the entire issued and to be issued share capital of JSE-listed SABMiller. This development follows a July 22 conversation between SABMiller’s chairperson and that of AB InBev on the offer for SABMiller in light of recent exchange rate volatility and market movements, the South African brewery and beverage company said on Tuesday.