Anheuser-Busch InBev and SABMiller have formalized their merger. With this huge merger of popular beers, it is forecasted that one in every three beers sold worldwide will come form this megabrewer. AB InBev will pay $106 billion for SABMiller, which is a higher than the expected offer.

Because of their monopolized merger, many regulations and scrutiny is expected from this transaction. However, both companies have already taken into consideration the amount of regulatory scrutiny by creating side deals to sell SABMiller’s 58 percent stake in MillerCoors to Molson Coors. Molson Coors will control Miller Lite, Coors Light, and Blue Moon. Even after this transaction, the new megabrewer will overshadow shelves of the Americas, Europe, China, Africa and Latin America with other low-cost beers like Budweiser.

The new merger between AB InBev and SABMiller have been confirmed, but the new company name is yet to be revealed.

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