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Actionable news in BUD: ANHEUSER-BUSCH INBEV SA/NV,

AB InBev (BUD) Stock Up, Might Explore More Deals Following $104 Billion SABMiller Takeover

NEW YORK (TheStreet) -- Shares of Anheuser Busch InBev (BUD) were increasing in late-morning trading on Monday as the Belgian brewing company could explore other deals following its approximately $104 billion takeover of rival brewer SABMiller (SBMRY), Reuters reports.

Beverage companies such as Castel Group, Coca-Cola's (KO) Coca-Cola Bottling Africa and Anadolu Efes (AEBMY) could all be possible takeover targets.

AB InBev plans to sell SABMiller's brands in Western Europe in addition to its joint venture stakes in the U.S. and China as a means of speeding up its...


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