SABMiller may be takeover target, too
Anheuser-Busch isn’t the only big brewer that’s a takeover target at the moment, Bloomberg reports today. It cites an analyst’s report that says SABMiller may be bought and split up within three years.
The analyst is Gerard Rijk of ING Groep. Bloomberg said he is predicting a “last phase in global beer consolidation”:
SABMiller is probably vulnerable to a bid approach in coming years, since it has no controlling family or foundation to repel a bidder, as is the case with Heineken NV and Carlsberg A/S, the analyst said. SAB also “lacks synergies” between its different regions and its current “haste” to roll out premium brands is “probably too late,” Rijk said.
“We assume that in three years’ time InBev/Anheuser-Busch, Heineken and Carlsberg will break up SABMiller,” Rijk wrote.



David Nicklaus has covered St. Louis business for more than 25 years. His column appears three days a week on the Post-Dispatch business page.
They have been a “target” for takeover for years, yet no one has done it yet. It makes me wonder a little bit what might me scaring off potential suitors from grabbing them now, especially given the dollar’s weakness. This, of course, assumes that there is something scaring off potential suitors. It may just be that A-B is the pick of the litter, and Miller will go as a consolation prize down the road…