- Anheuser-Busch InBev (BUD -0.8%) may need to sever ties with PepsiCo in order to merge with SABMiller (OTCPK:SBMRY), according to Santander.
- SABMiller has deep connections with Coca-Cola.
- The investment bank thinks A-B will have to pay a 40% premium to land SABMiller.
What it would take for Anheuser-Busch InBev to land SABMiller
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