Anheuser-Busch InBev wants to offload SABMiller's Eastern European beer assets as one package rather than piecemeal, according to a report.

The brewer, which is on the verge of completing its takeover of SABMiller, wants to avoid a break-up of the beer brands, Reuters has reported today. Private-equity funds that are examining the prospect of a sale may have to team up to afford the expected EUR7bn (US$7.7bn) price tag, the report said, citing sources familiar with the matter.

Brewer Anheuser-Busch InBev has sweetened the terms of its $100 billion-plus takeover offer for SABMiller after a fall in sterling since Britain's vote to leave the European Union and a rise in AB InBev's shares reduced the attractiveness of the original terms for SABMiller shareholders.

AB InBev will now offer 45 pounds a share, an increase from the 44 pounds announced in November last year.

The offer values SABMiller at around 79 billion pounds ($104 billion). In November, it was worth around 70 billion pounds, or $106 billion by the exchange rates at the time.

Late last year, Molson Coors confirmed its intention to buy out SABMiller from their MillerCoors US joint venture for US$12bn. As part of the deal, Molson Coors will take control of the Miller brand portfolio globally.

US activist hedge fund Elliott Management has written to the board of SABMiller, the world’s second-biggest brewer, to raise concerns about the structure of its proposed £71bn takeover by larger US rival Anheuser-Busch InBev.

Elliott will add to growing unrest among investors about the choice between being paid either in cash or mostly stock after a plunge in the value of sterling following the result of a UK referendum caused a widening gap in the respective values of the options.

SABMiller's Q1 sales performance by region

SABMiller released a trading update, with sales in the three months to the end of June rising by 2% year-on-year. Here is the company's top-line performance by region.

All results are on an organic basis.

Latin America - Q1 sales +5%, volumes +1%

US anti-trust authorities have sought to rein in Anheuser-Busch InBev's distribution clout in the country, as they gave conditional approval to the brewer's SABMiller takeover.

In a judgement released late yesterday, the Department of Justice issued a number of rulings that would limit distribution for AB InBev brands once the takeover of SAB completes. The rulings come after the Budweiser owner came in for criticism, including from a US senator last month, about its distribution strength.

Teamsters Warn Failure to Address Capacity Concerns Will Hurt Consumers, Workers and Competition in the U.S.

Without addressing capacity concerns that Teamsters warned will contract supply, increase prices, and harm competition in the U.S. beer market, the U.S. Department of Justice today provided antitrust approval for the megamerger of the world’s two largest brewers, Anheuser Busch InBev (NYSE: ABI) and SABMiller (LON: SAB), along with the related $12 billion divestiture of SAB’s stake in the MillerCoors Joint Venture to partner Molson Coors (NYSE: TAP).

The European Commission has opened an investigation to assess whether AB InBev has abused its ‘dominant position on the Belgian beer market’ by hindering imports of its beer from neighboring countries, in breach of EU antitrust rules.

After a long negotiation process where the Union of the Brewing Industry of Panama (STICP) had to call a strike and get to arbitration, finally last April, STICP won its fight for collective agreement which will be valid for three years. The negotiation process also involved the IUF-affiliated Industrial Workers Union of Manufacturing and Marketing of Refreshments Drinks, Sodas, Beers, Spirits & Related products (Sintrafcorebgacelis).