Anheuser-Busch InBev Completes Agreement for SABMiller

LONDON — Anheuser-Busch InBev said on Wednesday that it had completed an agreement to acquire its closest rival, SABMiller, for nearly $106 billion, creating what it said would be the first "truly global brewer."

The deal, reached after months of negotiations, would create a beer industry giant with annual revenue of about $64 billion and would give Anheuser-Busch InBev, already the world's largest brewer, a substantial operation in Africa, where it has little presence, and greater dominance in Latin America.

The transaction is expected to receive regulatory scrutiny given the size of the new entity and its big presence in several markets, including the United States. Anheuser-Busch InBev, the maker of Budweiser, Corona Extra and Stella Artois, said it would seek to "promptly and proactively" address those concerns.

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