Santo Domingo Group instructs Simpson Thacher on $106m SABMiller sale
Simpson Thacher & Bartlett was instructed by Santo Domingo Group in connection with SABMiller’s sale to rivals Anheuser-Busch InBev for approximately $106 billion.
Santo Domingo Group has a 14 per cent shareholding in SABMiller.
London-listed Anheuser-Busch InBev is the world’s largest brewer by revenue – SABMiller is the second-largest.
The Simpson Thacher team included partners David Williams, Alan Klein, Michael Nathan and Rob Holo.
Freshfields Bruckhaus Deringer, Cravath, Swaine & Moore and Sullivan & Cromwell advised AB InBev on the deal, while Clifford Chance acted for the controlling shareholders of AB InBev.
Linklaters and Hogan Lovells advised SABMiller, while Wachtell, Lipton, Rosen & Katz acted for Altria Group, a 27 per cent shareholder in SABMiller.
The Santo Domingo Group is owned by the Santo Domingos, Colombia’s wealthiest family.
Market analysts estimate that the combined Anheuser-Busch InBev-SABMiller could account for 29 per cent of global beer sales. The company will be more than three times as large – in terms of sales – as its next closest competitor, Dutch brewer Heineken.
