SABMiller backers benefit from falling pound

Britain’s decision to leave the EU has complicated a slew of deals.

SABMiller backers benefit from falling pound

In the latest twist, the plummeting pound is creating an unintended premium for a select few shareholders in brewing giant SABMiller.

Under the terms of Anheuser-Busch InBev’s $103bn takeover offer, SABMiller investors can choose £44 a share in cash or a mix of cash and stock valued at just over £39 a share when the deal was announced in October.

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