The Long Road Ahead

As if you were tired of hearing about just how big an Anheuser-Busch InBev/SABMiller tie-up could be: Exane BNP Paribas analyst Eamonn Ferry expects the merger to create the world's largest consumer staples company by EBITDA at "$23 billion" and the third largest in terms of sales at "$58 billion," trailing only Procter & Gamble Co. and Nestlé SA, per WSJ. Yes, they are big enough now (after paying down debt) to buy Coke.

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