SABMiller Plc -- Moody's: ABI-SABMiller deal unlikely to cause European beer market hangover

Milan, February 02, 2016 -- Anheuser-Busch InBev SA/NV's (ABI, A2 review for downgrade) merger with SABMiller Plc (A3 review direction uncertain) is unlikely to alter the competitive landscape of the European beer market over the next 12-24 months as it will take time for the combined entity to hit its stride, says Moody's Investors Service in a special report published today. Although an ABI-SAB combination would result in significant shifts in market share in the UK, Italy and the Netherlands, ABI plans to sell most of SABMiller's assets in these countries, and there is limited overlap in other European beer markets.

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