Diageo’s Shares Rise On Rumors Of Merger With SABMiller
date:Jul 01, 2014
ring together the worlds two biggest brewers. A union between SABMiller and Diageo, meanwhile, would create a 100 billion ($170b) drinks behemoth that would generate an estimated 5 billion ($8.5b) in yearly pre-dividend free cash flow. The combined company would have the worlds strongest premium drinks portfolio, and while A-B InBev would still be the biggest brewer in terms of global volume, a Diageo-SABMiller combinations strength in emerging markets would be unmatchedespecially in Africa, one
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