What it would take for Anheuser-Busch InBev to land SABMiller

|About: Anheuser-Busch InBev SA/NV (BUD)|By:, SA News Editor

Anheuser-Busch InBev (BUD -0.8%) may need to sever ties with PepsiCo in order to merge with SABMiller (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.