SABMiller overtakes Naspers to become the largest company in Africa

Anheuser-Busch InBev has informed rival SABMiller that it intends to make an offer to acquire it.

Due to the resulting surge in SABMiller’s share price it is now the JSE’s largest company.

The Money Show’s Bruce Whitfield interviewed Christopher Gilmour, Analyst at the Wealth and Investment Department at Barclays Africa.

Scroll down for quotes from the audio below.

This potential deal has been a long time coming.

Christopher Gilmour

SABMiller got close to acquiring Heineken.

Christopher Gilmour

I suspect we’re going to see a nice, chunky offer from Anheuser-Busch InBev. They’ll have to, probably, offer a 30% premium.

Christopher Gilmour

There is very little overlap – except for the US and China - between the markets served by the two brewers. There won’t be any regulatory issues.

Christopher Gilmour

Both these companies have grown through acquisitions.

Christopher Gilmour

Their ability to reduce costs are phenomenal.

Christopher Gilmour

Their combined market cap will be around US$275 billion!

Christopher Gilmour

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : SABMiller overtakes Naspers to become the largest company in Africa


Recommended

by NEWSROOM AI

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Is Naspers too dependent on Tencent?

Is Naspers too dependent on Tencent?

We interviewed Naspers CEO Bob van Dijk about the perceived over-reliance of his company on Chinese behemoth Tencent.

Naspers owned Tencent now world’s 11th the most valuable brand (1st in China)

Naspers owned Tencent now world’s 11th the most valuable brand (1st in China)

Internet services company Tencent Holdings, in which Naspers has a 34 percent stake, has surpassed Facebook in brand value.

Naspers owned Tencent buys stake in Kim Kardashian game developer Glu Mobile

Naspers owned Tencent buys stake in Kim Kardashian game developer Glu Mobile

The Chinese tech-firm will pay R1.5bn for a 15 percent stake in the US developer famous for its hit "Kim Kardashian: Hollywood”.

Why you should stay the heck away from Naspers (despite the hype)

Why you should stay the heck away from Naspers (despite the hype)

Everyone from your hairdresser to your dentist is urging you to buy Naspers. This is exactly why you should read this.

Yet another analyst agrees; Naspers is one heck of a great investment right now

Yet another analyst agrees; Naspers is one heck of a great investment right now

First Avenue Investment Management analyst Nadim Mohamed is the latest in a string of experts to sing Naspers’ praises.

Why the sky is the limit for the Naspers share price

Why the sky is the limit for the Naspers share price

The Naspers share price is booming and analysts expect it to continue. Here’s why…

Why you must own shares in high-tech, emerging market juggernaut Naspers

Why you must own shares in high-tech, emerging market juggernaut Naspers

An investment analyst picks the two hottest stocks on the JSE right now: Naspers and Brimstone.

Why you must own Naspers, the hottest tech-firm in Africa (or is that China?)

Why you must own Naspers, the hottest tech-firm in Africa (or is that China?)

Naspers is expensive, but geared for growth. Ashburton Investments’ Nick Crail on why you should just be brave and buy its shares.

How once tiny Afrikaans publisher Naspers became an emerging market juggernaut

How once tiny Afrikaans publisher Naspers became an emerging market juggernaut

Bruce Whitfield speaks to historian Professor Lizette Rabe about the story of the Nasionale Pers.

Popular articles
We're not just cyclists - CT man turns punch-up with driver into safety message

We're not just cyclists - CT man turns punch-up with driver into safety message

He was punched in the face by a motorist last week and tracked the driver down for a meet-up, instead of laying charges.

7 suspects arrested in Joburg heist

7 suspects arrested in Joburg heist

EWN Reporter Barry Batemen says eight people including two bystanders were hurt in the heist.

[WATCH] The spectacular moment AB de Villiers bent the laws of physics

[WATCH] The spectacular moment AB de Villiers bent the laws of physics

The world now knows never to underestimate the athletic form of SA cricketer AB de Villiers after this gravity-defying catch.

What's better than sex with your partner? Sex with YOURSELF! #MasturbationMonth

What's better than sex with your partner? Sex with YOURSELF! #MasturbationMonth

It's time to dim the light, lie back, relax and enjoy a bit of one-on-one time - with yourself!

[LISTEN] Dailene, the lady behind the video from Thursday's heist in Boksburg

[LISTEN] Dailene, the lady behind the video from Thursday's heist in Boksburg

Another heist was carried out in Boksburg on Thursday morning and led to five people being arrested.

Blind athlete sues popular winery after guide dog barred entry

Blind athlete sues popular winery after guide dog barred entry

Paralympian Hendri Herbst will take Durbanville Hills to court after his guide dog was denied entry inside the restaurant in 2014.

Health Minister proposes scrapping of medical aid co-payments

Health Minister proposes scrapping of medical aid co-payments

The eradication of medical aid co-payments is one of a number of changes to the medical aid scheme proposed by Aaron Motsoaledi.

[LISTEN] Is it Yanny or Laurel? Test your ears!

[LISTEN] Is it Yanny or Laurel? Test your ears!

What's Gone Viral with Khabazela brings you tweets, posts and YouTube videos that have social media talking.