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AB InBev says expects to have BevCo support for SABMiller deal

Reuters - UK Focus

BRUSSELS, Oct (HKSE: 3366-OL.HK - news) 7 (Reuters) - Anheuser-Busch InBev, the world's largest brewer, said on Wednesday it expected to have the support for its takeover offer for rival SABMiller (Amsterdam: MI8.AS - news) from the Santo Domingo family, a major shareholder of the UK-based brewer.

The Colombian family holds a 13.9 percent stake in SABMiller through their company BevCo, according to Thomson Reuters (Dusseldorf: TOC.DU - news) data.

"We've held extensive discussions with them," AB InBev Chief Executive Carlos Brito told a conference call. "We expect to have their support. There is no transaction without them," he added. (Reporting by Robert-Jan Bartunek; editing by Philip Blenkinsop)