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MegaBrew deadline extended again

  • Another extension? The U.K. Takeover Panel has agreed to delay the deadline for AB InBev's (NYSE:BUD) $106B takeover of SABMiller (OTCPK:SBMRY) for a third time to allow the companies to finish complex paperwork and continue talks on the sale of SABMiller's U.S. business.
  • Since last week, the two brewers have made good progress in agreeing to terms of a deal, and AB InBev now has until 12:00 ET on Nov. 11 to make a formal offer.
  • Previously: Mega regulatory challenges for MegaBrew deal (Nov. 03 2015)

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