Altria Just Became a Major AB InBev Shareholder

Tobacco giant Altria (NYSE: MO) has effectively inherited a position as a top shareholder in the newly expanded brewer Anheuser-Busch InBev (NYSE: BUD). The cigarette producer gained a stake of 9.6% in the beverage purveyor upon the latter’s acquisition of SABMiller, a deal which was concluded earlier this week. …read more

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Category: BUD, MO

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