Leuven, Belgium-based Anheuser-Busch InBev (AB InBev) released a statement announcing that it has revised the final terms of its offer to acquire the entire issued, and to-be issued, share capital of SABMiller plc, London.

Under the revised terms of the transaction, each SABMiller shareholder now will be entitled to receive 45 pounds, an increase of 1 pound a share compared with the 44 pounds that was set in November 2015, the company says. 

Additionally, the company revised the Partial Share Alternative, which now represents a premium of approximately 74 percent to SABMiller’s closing share price of 29.34 pounds that was set on Sept. 14, 2015, and a premium of approximately 58 percent to SABMiller’s three-month volume weighted average share price of 32.31 pounds that was set on Sept. 14, 2015, the company says. 

The transaction now values SABMiller’s entire issued and to-be-issued share capital at approximately 79 billion pounds as of July 25, it says. Additionally, AB InBev confirmed in the statement that this offer is final and it will not further increase the cash consideration, cash element or exchange ratio of the Partial Share Alternative.