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
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
Rustenburg SGB: Allegations against school didn't support a finding of racism

Rustenburg SGB: Allegations against school didn't support a finding of racism

The School Governing Body at Rustenburg Girls' Junior School (RGJS) has broken its silence on allegations of racism at the school.

Daughter of Timol murder accused Joao Rodrigues reveals sexual abuse

Daughter of Timol murder accused Joao Rodrigues reveals sexual abuse

Tilana Stander talks about the abuse she suffered at the hands of her father.

WATCH:  Crash, bang, wallop! How would YOU explain this to YOUR boss?

WATCH: Crash, bang, wallop! How would YOU explain this to YOUR boss?

The woman comes out of the crash without a scratch but is visibly distressed by the incident that she may have to explain later.

24-hour traffic service to soon be introduced in Cape Town

24-hour traffic service to soon be introduced in Cape Town

Councillor JP Smith says the City has started to get the ball rolling to expand the traffic service to cover night time.