Banks, law firms, accountants, public relations companies and the tax man are lining up for about $2 billion in fees and expenses from Anheuser-Busch InBev’s $103.8 billion takeover of rival SABMiller Plc.
A-B InBev will pay out $1.74 billion, the company said in a statement Friday, including $725 million for financing arrangements; as much as $185 million for legal advice; $15 million to accountants and $475 million for transaction taxes, other costs and expenses.
SABMiller will pay $202 million in fees including $113 million for financial and broking advice; $76 million for legal advice; $2 million to accountants and $2 million for other costs and expenses.
Last month, SABMiller’s board unanimously recommended AB InBev’s improved takeover offer, paving the way for the biggest acquisition in the history of the beer industry.
Read more: Bloomberg