Anheuser-Busch InBev announced Wednesday it reached a final agreement to purchase SABMiller for approximately $107.9 billion, creating a behemoth combining the world’s two largest brewing companies that will control nearly one third of the world’s beer supply.
AB InBev floated the idea it was targeting SABMiller for a possible takeover in September. The companies reached an agreement in principle on Oct. 13, though the deadline for a formal offer was extended twice.