SABMiller has hinted that it wil rejected a third takeover offer from US rival ABInBev that values the beer maker at £68 billion ($103.9 billion). Brewing giant ABInBev went public with a takeover offer for London-listed rival SABMiller on Wednesday, revealing it’s already had two bids knocked back by management. ABInBev set out details of its £42.15 ($64.30) per share offer in a statement on Wednesday. The latest offer values SABMiller at £68.14 billion ($103.9 billion) and ABInBev says the SAB board has already rejected offers at £38 ($57.96) per share and £40 ($61) per share. SAB shares closed at …read more
Source: Business Insider
