SABMiller Shareholders Approve $100B AB InBev Tie-Up

The megadeal linking SABMiller with Anheuser-Busch InBev cleared shareholder approval on Wednesday.
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SABMiller (SAB) - Get Report shareholders overwhelmingly approved the pending $100 billion merger with fellow beer-maker Anheuser-Busch InBev (BUD) - Get Report on Wednesday. In a separate note, Anheuser-Busch InBev got hit with a $6 million fine by the Securities and Exchange Commission over bribery charges in India. The SEC said that the Belgian beer-maker made illegal payments to officials in India in order to boost sales and production in the country. According to the settlement, Anheuser-Busch did not admit to or deny the charges.

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