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Anheuser-Busch InBev Clinches $103 Billion SABMiller Deal

Sept. 29, 2016, 4:00 AM

Anheuser-Busch InBev NV clinched its $103 billion takeover of SABMiller Plc after the British brewer’s investors approved a deal that unites the world’s two biggest beermakers about a year after it was proposed.

SABMiller shareholders voted 95.46 percent in favor of the sale, clearing the 75 percent needed for the takeover to proceed, the London-based company said Sept. 28. The overwhelming approval laid to rest concerns that the deal could founder following opposition from some investors, even after AB InBev sweetened its offer in July.

AB InBev will dominate the combined entity, which will account for one of every three beers ...