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SABMiller says InBev-Busch not to change landscape dramatically

LONDON
Thu Jun 12, 2008 4:50am EDT

LONDON (Reuters) - The world's largest brewer SABMiller Plc on Thursday said a link-up between Belgium's InBev and Anheuser-Busch will not change dramatically the global brewing competitive market.

"We do not think this changes the competitive landscape dramatically given Anheuser-Busch's small presence outside the United States," an SABMiller spokesman told Reuters.

On Wednesday, InBev launched a $46.3 billion cash bid at $65 per Anheuser share, and the U.S. brewer said it will evaluate the bid carefully.

An InBev-Anheuser deal would combine the world second largest and fourth largest brewer to knock SABMiller off top spot in world brewing in terms of global beer volumes.

(Reporting by David Jones; Editing by David Cowell)


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