HENRICO COUNTY (dpa-AFX) - Altria Group, Inc. (MO), the largest shareholder of SABMiller plc (SAB.L), said it is pleased that the brewer and Anheuser-Busch InBev have agreed in principle on key terms regarding a possible recommended offer for AB InBev to acquire SABMiller.
At SABMiller's request, the U.K. Takeover Panel has extended until October 28, the relevant Takeover Code deadline to enable the parties to continue their talks.
Altria said it looks forward to working constructively with both parties.
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