The headlines in the local financial press in the past couple of weeks have been dominated by the speculation of a buyout of SAB Miller from Anheuser-Busch InBev NV, one of the biggest brewing companies globally.
By now we all know that the latest bid by Anheuser-Busch InBev NV of roughly $106 billion was accepted by SAB Miller, check out this article if you interested in more of the details and the bigger picture.
What does this mean?
If the deal goes through it will not only smash a number of records, it will also signal the end of SAB Miller as we know it. I wonder what the walk into the Newslands rugby stadium has in store for us in next year’s rugby season and whether the beer garden will still be there.
Basically there are still a lot of unknowns, and certainly it will be a while before the whole deal is signed, sealed and settled. Anheuser-Busch InBev NV has agreed to pay £44 a share in cash for a majority of the stock, which is way above the SAB Miller opening share price on the day the deal was announced. But we still cannot say with absolute certainty what impact the deal will ultimately have on the share price.
Those of you who are currently invested in SAB Miller (a brand you love and consume no doubt) could be handsomely rewarded! Keep in mind that investing is all about the long term, enjoy the returns while focusing on the long term!
In the meantime, keep investing in the brands that you know!
Until time,
Take it #Easy.