Of course, the deal is still subject to shareholder approval, but the board's recommendation is a positive sign. One prominent investor earlier in the week voiced opposition to the revised offer, saying it still undervalued the maker of beers including Castle Lager and Pilsner Urquell.
However, SABMiller has told employees to pause integration of its operations to those of AB InBev as the board weighs the sweetened offer.
AB InBev tabled the fresh deal in light of the collapse in the value of the pound following Britain's vote to leave the European Union.
The SABMiller board also said it meant to propose to a U.K. Court that its two biggest shareholders, Altria and BEVCO, be treated as a separate class of shareholders "and therefore to allow other SABMiller shareholders to vote on the revised offer separately".
Denver-based Molson Coors, which on Monday announced leadership changes to take effect once the deal closes, also declined to comment, as did AB InBev.
Shareholders in SABMiller will receive £45 a share under the enhanced deal - valuing the company, whose brands include Peroni and Bulmers, at approximately £79bn.
Facebook's solar-powered internet drone takes flight
He said that the company's main aim is to connect the world and help more of the 4 billion people access the fast internet. Aquila has a wingspan wider than a Boeing 737, but has to weigh as little as possible to stay up for as long as possible.
Bodies of 2 students recovered from Lake Michigan
The Wisconsin DNR, and the Milwaukee Police Department assisted the search efforts for the last body. The pier in Sheboygan, 55 miles north of Milwaukee, is closed because of the unsafe conditions.
This divestment, which was previously announced between AB InBev and China Resources Beer, is conditional on the successful closing of the combination of AB InBev with SABMiller.
Aberdeen Asset Management, which owns 1.1pc of SAB, has already called the £45 per share offer "unacceptable". Both AB InBev and SABMiller had closed in Europe when the memo become public.
AB InBev has agreed to a series of concessions to win the greenlight from the competition authorities, including the sale of stakes in Snow Breweries in China.
The board of London-listed drinks giant SABMiller has supported a final takeover offer from Anheuser-Busch InBev, the brewer of Budweiser.
With shareholders concerned about the changing value of the deal with declines in the United Kingdom pound in the wake of the Brexit vote, AB InBev on Tuesday increased its offer from 44 pounds (about $58) per share to 45 pounds (about $60). Others such as Twin Capital Management LLC want the deal to go through.
SABMiller needs the approval from holders of 75 percent of its shares if the board recommends the offer. Under U.K. takeover rules, a final offer can't be increased.
Almost $33 million of that amount was for the Democratic Congressional Campaign Committee, the House Democrats' fund-raising arm. The Democrats have sought to buttress Clinton with a star gathering of current and past party notables in Philadelphia .
A Turkish newspaper, Yenisafak, has alleged that the United Bank of Africa and a General in the United States Army, John F. According to a poll published on Reuters, almost two thirds of Turkeys believe that Fethullah Gulen stood behind the coup.
Paul Central High School Foundation is hosting a fundraiser August 21 to establish a scholarship in Castile's memory. Officers had cleared the area before on July 18 but protesters had come back into the road on Sunday.
Mari Gilbert's other daughter, Shannan Gilbert, vanished in May 2010 after fleeing the home of a client in Oak Beach, New York. The remains were found strewn along several miles of thicket adjacent to Ocean Parkway, just east of Jones Beach.
I want to say thank you to them, along with all the fans for their support and encouragement, today and over the past 16 stages". He wore the race leader's yellow jersey for the first time after winning the opening stage at Utah Beach, Normandy.
Stenson and Mickelson were never separated by more than two shots over 40 consecutive holes until the Swede's final birdie. Mickelson made a brilliant up-and-down after missing the green with his approach, almost holing out a chip over a bunker.
Delegate Hope Sutterfield of Duncan says Cruz should not have attended the convention at all if he didn't intend to endorse Trump. Cruz may not have directly responded to Trump or the Enquirer back in spring, a move that the Donald somehow finds suspicious.
Anti-government groups, the largest of which is the Taliban, accounted for at least 60% of non-combatants killed and wounded. A full third of those casualties are children, representing an 18 percent increase over past year .
Confirming the news, NADA Director General Navin Agarwal said Yadav appeared before a NADA disciplinary panel on Saturday. The report of his "A" sample test came out positive. "I believe that there is foul play involved in this entire episode".
Our deepest condolences go out to the Foltz family and all of his friends as they deal with this hard and tragic time. Dan Tracy with Kohl's Kicking said both Sadler and Foltz had been coaching at a weekend clinic in Wisconsin.
With the growth of post-2000 social media giants Facebook and Twitter, Yahoo struggled to maintain its premier status online. USA telecoms giant Verizon Communications Inc. has agreed to purchase the core web assets of Yahoo! , for around $4.8bn.
Mann explains the whole system and a staff member can be seen stopping him from filming it in the Parliament House. However, Mann defended his actions on Thursday, saying he was just showing people how the Parliament functions.
Those detained are accused of seeking to violate the Turkish constitution and attempting to overthrow the authorities by force. Gulen, who lives in Saylorsburg, Pennsylvania, espouses a philosophy that blends a mystical form of Islam with democracy.
A mysterious purple orb found at the bottom of the Pacific Ocean stumped NOAA scientists onboard the Nautilus research vessel. Scientists have always been on the quest for finding new lifeforms and every time they do it's quite exciting.
Across the course of the last few days, Chris Sale has become the official "unhinged insane person" of the Major League Baseball. It's obviously, we would've loved to have nothing but zeros go up, but that's not the way baseball works.
He had won the silver medal in singles in London's 2012 Olympics and gold with doubles partner Stan Wawrinka in Beijing in 2008. Besides playing in the final major of the year, Federer was expected to play both singles and doubles in Rio.
The Hawaii Fire Department confirmed a downed tree in Pahoa triggered a power outage in the area, KHON2 also reports . Surf could be up to 12 feet high on the east side of Maui and be powerful on the other islands, too.
Sonic Unleashed in 2008, which mixed 2D platforming with odd "Werehog" 3D levels, also failed to reverse Sega's ailing fortunes. The game is co-developed by Sega of America, PagodaWest Games , and developers Christian Whitehead and Simon Thomley.
It seems like the First Lady has some mad rapping skills, and can hold her own with Missy Elliot , and Corden. Michelle explained that she's rarely ridden in the passenger seat since her husband became president.
The Covered California rate announcement surprised some experts who have tracked the state's implementation of the health law. Covered California's proposed budget for 2017, released in May, projected average rate increases of 8 percent.