Budweiser Aims At Miller Takeover
If you're a Miller Lite drinker, you may soon be ordering a Budweiser...sort of.
The world's largest brewer aims to get even bigger by taking over its biggest competitor. Belgian brewer Inbev acquired Anheuser Busch in 2008 for a reported 52 billion dollars, forming the world's largest brewing company. Anheuser Busch Inbev has reportedly launched a bid to acquire the world's second largest brewer, SAB Miller.
CNN reports, the proposed $245 billion merger would form a brewing conglomerate that owns 18 of the world's top 40 brands. Bud light is the #3 selling beer worldwide, followed by #4 Budweiser. ABINBEV owns 5 of the world's top 10 brands. Miller Lite is #15 worldwide.