Industry Focus

Following a publicized and contentious month-long courtship, the No. 1 and No. 2 brewers are combining to create a massive entity controlling 30% of the global beer market. Anheuser-Busch InBev and SABMiller expect to realize billions of dollars in synergies and a worldwide reach, but the combined entity still needs to clear regulatory hurdles and manage a ballooning debt balance before the union is official.