Pursuits
SABMiller First-Quarter Sales Gain as Brewer Awaits Takeover
- Update comes hours after AB InBev wins U.S. antitrust approval
- SABMiller facing mounting pressure from investors on bid terms
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SABMiller Plc reported higher first-quarter sales as the brewer enters the final stretch before being bought by Anheuser-Busch InBev NV in the industry’s biggest deal.
Net producer revenue advanced 2 percent on an organic, constant-currency basis, the London-based maker of Zambezi lager said Thursday. The sales update came hours after AB InBev announced it won U.S. antitrust approval for the $102 billion takeover.