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Huge beer merger will make world's largest consumer company

The massive merger between Anheuser-Busch InBev and SABMiller was finally approved by SABMiller shareholders on Wednesday.

Source: CNBC.com

UPDATE 2-Anheuser-Busch to pay U.S. SEC $6 mln to settle bribery charges

An SEC investigation found that a minority-owned joint venture of the Belgium- based company used third-party sales promoters from 2009 to 2012 to make improper payments to officials in India to boost sales and production in that country, the agency said in a statement. The SEC said Anheuser-Busch violated the accounting provisions of U.S. foreign bribery...

Source: Reuters

AB InBev pays $6M to settle India bribery accusations

WASHINGTON— Anheuser-Busch InBev will pay $6 million to settle charges by U.S. regulators that it paid off government officials in India to boost sales and production, then tried to quiet an employee who raised the issue. Anheuser-Busch InBev must, for two years, cooperate with the SEC and notify some former employees that they are not prohibited from...

Source: The Associated Press

UPDATE 1-Anheuser-Busch to pay U.S. SEC $6 mln to settle bribery charges

An SEC investigation found that Anheuser-Busch InBev S.A. used third-party sales promoters to make improper payments to officials in India to boost sales and production, the SEC said. The company also entered into an agreement with a departing employee prohibiting the person from continuing to communicate with the SEC about potential anti-bribery law...

Source: Reuters

Anheuser-Busch to pay U.S. SEC $6 mln to settle bribery charges

Sept 28- Brewing company Anheuser-Busch has agreed to pay $6 million to settle charges that it violated U.S. anti-bribery laws and also "chilled a whistleblower," the U.S. Securities and Exchange Commission said on Wednesday.

Source: Reuters

BUZZ-Molson Coors Brewing Co: SABMiller shareholders approve takeover

**Brewer's shares up 2 pct, touch record high of $111.22. **SABMiller shareholders overwhelmingly back brewer's $100 bln- plus takeover by Anheuser-Busch InBev, clearing the last big hurdle for merger. **Molson Coors also set to buy SABMiller's stake in the MillerCoors venture in U.S. for $12 bln, following SABMiller's acquisition.

Source: Reuters

UPDATE 2-SABMiller investors cheer $100 bln-plus AB InBev takeover

*Deal adds Africa, Latin American markets to AB InBev. LONDON/ BRUSSELS, Sept 28- SABMiller shareholders overwhelmingly backed the brewer's $100 billion- plus takeover by Anheuser-Busch InBev on Wednesday, clearing the last big hurdle for one of the largest corporate mergers in history. For the maker of Budweiser, Corona and Stella Artois it provides entry into...

Source: Reuters

UPDATE 1-SABMiller shareholders comfortably back AB InBev takeover offer

*Deal adds Africa, Latin American markets to AB InBev. LONDON, Sept 28- SABMiller shareholders backed the brewer's $100- billion- plus takeover by rival Anheuser-Busch InBev by a large majority on Wednesday, paving the way for one of the biggest corporate mergers in history. Criticism of the takeover offer grew over the summer, after a steep fall in sterling...

Source: Reuters

Tie-up of world's biggest beer makers clears final hurdle

LONDON— A deal worth over $100 billion to combine the world's two biggest beer companies cleared its last major hurdle Wednesday when the shareholders of SABMiller approved the takeover by Budweiser maker Anheuser-Busch InBev. SABMiller shareholders approved the 79 billion pound deal— dubbed Megabrew— despite opposition from some investors who saw their...

Source: The Associated Press

AB InBev to retain its name after SABMiller takeover

BRUSSELS, Sept 28- Anheuser-Busch InBev said on Wednesday that it would retain its existing name after a planned $100- billion- plus takeover of rival SABMiller. AB InBev Chief Executive Carlos Brito, who will head the combined company, outlined the rationale for the deal- including the creation of the first global brewer with new fast-growing African and Latin...

Source: Reuters