The Center for Advanced Systems and Engineering (CASE) has announced the hiring of Jeff Fuchsberg L’10 as its new director. Fuchsberg will contribute to the center’s strategic plan, overseeing the implementation of CASE’s goals while providing leadership and management of…
British Investors Stand to Lose Out on Big Beer Money
As AB InBev edges closer to acquiring SABMiller, fall-out from Brexit threatens share value. In what will become one the top five merger and acquisitions ever, the deal brings together two global beer giants.
Tom Barkley, professor of finance practice at Whitman School of Management at Syracuse University, offers some insights into the AB InBev/SABMiller merger.
“This deal has been in the works for some time but it has been delayed due to global regulators,” said Professor Barkley. “SABMiller has been selling off some of its premium labels, including Grolsch, Peroni and Meantime, to help satisfy regulator requirements.”
He adds that even with the sell-off, this new conglomerate will own nine of the top 20 beers globally by volume, all brands currently owned by Budweiser and Miller.
“The combined entity will be the largest brewer by all measures,” he said. “Likely the brand names will remain the same so the beers we all know and love will still be on store shelves.”
Barkley is available to speak to media about the merger. Please contact Kerri Howell, Director of Communications and Media Relations at Whitman, 315.443.3671 or firstname.lastname@example.org