It's Final: AB InBev Closes on Deal to Buy SABMiller

And then there were two. The long-anticipated more than $1 billion merger between Anheuser-Busch InBev (AB InBev) and SABMiller closed early evening Monday, leaving Coors Brewing Co. the last of the former “Big Three” beer companies to stand apart from the other two. (Coors is not independent, however; as a result of the merger, Molson Coors took over SAB Miller’s American Coors holdings and already owns the company internationally.) SABMiller ceased trading on global stock markets last week; starting Tuesday the new company will trade as one under the name Newbelco.