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Anheuser-Busch starts lining up financing for SABMiller

Sep. 29, 2015 1:36 PM ETAnheuser-Busch InBev SA/NV (BUD) StockSBMRY, BUDBy: Clark Schultz, SA News Editor3 Comments
  • Anheuser Busch InBev (BUD -1.5%) is close to lining up financing for its acquisition of SABMiller (OTCPK:SBMRY), sources tell Bloomberg.
  • The beer giant has Bank of America, Deutsche Bank, BNP Paribas, Societe Generale, and Banco Santander all bidding on the $50B to $70B in financing that it needs.
  • SABMiller rose 5% in London trading today on enthusiasm a deal is brewing.

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