SABMiller agrees to merge with Budweiser

NPR: The deal is worth $106 billion.

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NPR: The deal is worth $106 billion.

If Tuesday’s agreement is finalized, the new beer company will be the largest in the world and control two top U.S. brands in Budweiser and Miller Genuine Draft, according to the Associated Press.

SABMiller rejected at least four other offers before provisionally accepting the offer which values SABMiller at 44 pounds (about $67) per share, 6 pounds (about $9) more than AB InBev’s first offer a month ago.

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