indr continue to have Sat Miller in the viewfinder. The Belgian beer giant, which can also count Budweiser, Corona and Beck's among its brands, after having been refused two offers for the purchase of its competitor SabMiller, tries the third raise. The latest offer presented is for £42,15 per share, for a value of £68,2 billion, equal to approximately 92,4 billion euros.
The offer, which aims to bring together the two largest brewers in the world, is 44% higher than the stock market close on September 14, before rumors about Inbev's advances spread, and foresees the possibility of a alternative with a part in shares reserved for 41% of the share capital of SabMiller, which also controls Peroni.
The multinational founded in South Africa, however, seems to have remained cold even in the face of this relaunch, after having already rejected the first two acquisition proposals.
“Obviously – reads the CEO's note Jan du Plessis -, the Board of Directors will consider the £42,15 per share offer as soon as possible, and further communications will follow”, but, Duplessis continues, this new offer “significantly undervalues SabMiller”. On the other hand, Inbev has communicated its disappointment with the attitude maintained by SabMiller over the past few days.
The closing of this soap opera, from which a beer colossus would come to life $64 billion in estimated revenues, seems to be still far from a conclusion, in one sense or another, even if Others Groupon, main shareholder of SabMiller, has already lined up in favor of the operation.
