British brewer SABMiller announced on Tuesday it had finally agreed to a takeover by Anheuser-Busch InBev, the world's biggest beer producer - for about R1.5 trillion.
Including debt, the cost of buying SABMiller is around $117 billion, making it the world's third-biggest takeover after two mega-mergers across the telecoms sector.
Belgian-Brazilian group AB InBev, the maker of Budweiser and Stella Artois lagers, struck a deal with the producer of Foster's and Grolsch at the fifth time of asking.
AFP