Beer giant InBev raises takeover bid for SABMiller
Beer giant InBev
Brussels - Arab Today
The world's biggest beer brewer, Anheuser-Busch InBev, on Wednesday raised its takeover bid for British rival SABMiller, valuing its prey at 68 billion pounds (92 billion euros).
The Belgian-Brazilian giant said in a statement that it was disappointed that SABMiller had rejected its two previous lower-priced offers "without any meaningful engagement".
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