SAB Miller (SAB)

SAB Miller (SAB)

Blog posts

Bid for SABMiller (SAB) Queried

One of my contacts has questioned what is happening in the bid for brewer SABMiller by AB Inbev. Here is what he had to say: "The concern raised is that here appears to be a really anomalous situation which is in danger of setting a terribly bad precedent. The two largest shareholders in SAB Miller are Altria (Philip Morris) and the Santo Domingo family of Colombia. They have agreed to a deal for beneficial tax reasons (to them) whereby they accept a ...