Sep
16
First Rule of Investment Banking: Don’t Miss the ABI-SAB Deal
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Advisory fees may be as much as $235 million: Freeman
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ABI may need to raise $50 billion of debt, people say
Investment bankers in New York and London have known for years about a deal they couldn’t afford to miss: Anheuser-Busch InBev NV’s long-rumored tie-up with SABMiller Plc, which would create a global brewing colossus with combined annual sales of about $81 billion.
So far, though, very few of them have landed roles, leading to an all-out scramble to win potentially lucrative work advising one of the two companies, or financing AB InBev’s offer, in what could be the biggest deal of the year…
First Rule of Investment Banking: Don’t Miss the ABI-SAB Deal