OREANDA-NEWS. Altria Group, Inc. (Altria) (NYSE:MO), SABMiller plc’s (SABMiller) largest shareholder, notes that Anheuser-Busch InBev (AB InBev) has announced today a proposal for a cash offer for SABMiller at ?42.15 per ordinary share, with a partial share alternative, as described in AB InBev’s announcement.

Altria believes that a combination of these two companies would create significant value for all SABMiller shareholders. Altria supports a proposal of ?42.15, or higher, with a partial share alternative, and, subject to finalization of terms, would be prepared to elect the partial share alternative. Altria urges SABMiller’s board to engage promptly and constructively with AB InBev to agree on the terms of a recommended offer.

Altria’s Profile

Altria currently owns approximately 27% percent of SABMiller’s ordinary shares and has been a SABMiller shareholder since 2002. Altria’s wholly-owned subsidiaries include Philip Morris USA Inc., U.S. Smokeless Tobacco Company LLC, John Middleton Co., Nu Mark LLC, Ste. Michelle Wine Estates Ltd. and Philip Morris Capital Corporation.

The brand portfolios of Altria’s tobacco operating companies include Marlboro®, Black & Mild®, Copenhagen®, Skoal®, MarkTen® and Green Smoke®. Ste. Michelle produces and markets premium wines sold under various labels, including Chateau Ste. Michelle®, Columbia Crest®, 14 Hands® and Stag’s Leap Wine Cellars™, and it imports and markets Antinori®, Champagne Nicolas Feuillatte™, Torres® and Villa Maria Estate™ products in the United States. Trademarks and service marks related to Altria referenced in this release are the property of Altria or its subsidiaries or are used with permission. More information about Altria is available at altria.com and on the Altria Investor app.