Budweiser maker finalizes $107 billion bid for SABMiller

LONDON (AP) — Anheuser-Busch has announced a final agreement to buy Miller for $107 billion. It’s a deal that will combine the world’s two biggest brewers and create a company that makes almost a third of beer consumed worldwide.

SABMiller’s agreement to sell its 58 percent stake in a venture with fellow brewer Molson Coors for $12 billion should ease regulator concerns that AB InBev would have a stranglehold on the US market after the merger.

The combined company doesn’t yet have a name.

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