SABMiller, AB InBev merger to cross final hurdles, conclude by Oct

JSE-listed SABMiller and multilisted Anheuser-Busch InBev (AB InBev) continue to steadily tick off preconditions and jurisdictional approvals in a landmark deal that will see the two companies merge to form a global beer conglomerate by October. In a joint statement on Tuesday, the duo announced that the aim was to combine the businesses by October 10 following a planned UK court hearing as part of the UK scheme of arrangement on August 22.