Mid-size brewers wary after massive merger


ASSOCIATED PRESS: Uncertainty abound for medium-sized beer makers.

Share this article!

ASSOCIATED PRESS: Uncertainty abound for medium-sized beer makers.

Some experts say the mid-sized brewers should respond by pursuing takeovers of their own. Others argue that would do little good because the underlying problem is that consumers are increasingly drinking craft beers, not mass market brands.

Discussions about world domination heightened Wednesday when Budweiser maker Anheuser-Busch InBev agreed to buy SABMiller for 71 billion pounds ($107 billion). That combination would account for 29 percent of the world beer market, making it three times bigger than its nearest rival Heineken, with a mere 9 percent, according to the market data firm Euromonitor.

Read the story here.