
Anheuser-Busch InBev will acquire its largest rival SABMiller for $104 billion. The deal is expected to bring in annual revenue of $64 billion. Research firm Euromonitor International is estimating that combining the two beer companies will account for 29-percent of the global beer market. Currently, AB InBev and SABMiller own 18 of the top 40 beers in the global market.The deal will help give Anheuser-Busch InBev exposure in Africa and Latin Americas emerging markets and enable SABMiller to be part of the large AB InBev brand portfolio.