Shareholders approve AB InBev, SABMiller merger
Company will maintain AB InBev name
Anheuser-Busch InBev (AB InBev), Leuven, Belgium, announced the results from its AB InBev General Meeting in connection with the proposed business combination between SABMiller plc and AB InBev.
AB InBev shareholders expressed their support for the combination by passing all resolutions that were proposed in connection with the combination. Carlos Brito, chief executive officer of AB InBev said: “We are pleased that our shareholders’ vote brings us one step closer to combining our companies, teams, strong heritage and passion for brewing. We are committed to driving long-term growth and creating value for all our stakeholders.”
SABMiller shareholders also have passed both of the resolutions at the UK Scheme Court Meeting and the SABMiller General Meeting in connection with the recommended acquisition of SABMiller by AB InBev through Newbelco SA/NV.
AB InBev also announced that the combined group will retain the name Anheuser-Busch InBev SA/NV following completion of the combination, and, therefore, Newbelco SA/NV (“Newbelco”) will be renamed accordingly.
The merger is expected to be completed by Oct. 10, subject to the satisfaction or waiver of certain conditions as set out in Part V of the UK Scheme Document.