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The world's biggest brewer Anheuser-Busch InBev announced Tuesday a $122 billion deal to gulp down British rival SABMiller, creating a beer behemoth serving one in three drinkers globally. AB InBev, the Belgian-Brazilian brewer that dominates the global market with top brands including Budweiser and Stella Artois, said it had reached an informal agreement with an initially reluctant SABMiller on the fifth time of asking. Including debt, the cost of buying SABMiller, British producer of Foster's and Grolsch, will be $122 billion (Â£80 billion, 107 billion euros), according to Dealogic, making it the third biggest takeover in corporate history after two mega mergers across the telecoms sector.
Al-Qaeda's Syrian affiliate called for jihadists to attack Russia over its air strikes in Syria, as rockets hit Moscow's Damascus embassy Tuesday where demonstrators had gathered to back the intervention. Russian President Vladimir Putin slammed Washington for refusing to cooperate on Syria, saying "some of our partners simply have mush for brains". "How is it possible to work together?" he asked in Moscow, adding that the United States declined to share intelligence on Syria.