Ice Cold!
A “Megabrewery” appears to be in the works with the world’s largest brewer (AB InBev) targeting a takeover of rival and second-largest brewer SABMiller. If they become one, then their sales of tasty brews like Budweiser, Corona, Stella Artois (InBev) and Miller Lite, Pilsner Urquell, and Peroni (SAB Miller) would be responsible for generating around half of the industry’s profit.
AB InBev has yet to make a formal offer for SABMiller, but rumors are about that it will. Under British law, it must do so by October 14th.
Free White Paper Download - 4 Serious Flaws with Passive Investing
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.
Zacks Investment Management, Inc. is a wholly-owned subsidiary of Zacks Investment Research. Zacks Investment Management is an independent Registered Investment Advisory firm and acts an investment manager for individuals and institutions. Zacks Investment Research is a provider of earnings data and other financial data to institutions and to individuals.
This communication is for informational purposes only and nothing herein should be construed as a solicitation, recommendation or an offer to buy or sell any securities or product, and does not constitute legal or tax advice. The information contained herein has been obtained from sources believed to be reliable but we do not guarantee accuracy or completeness. Zacks Investment Management, Inc. is not engaged in rendering legal, tax, accounting or other professional services. Publication and distribution of this article is not intended to create, and the information contained herein does not constitute, an attorney- client relationship. Do not act or rely upon the information and advice given in this publication without seeking the services of competent and professional legal, tax, or accounting counsel.