Pursuits

SABMiller Offer for Heineken Shows CEO Ready for Deals

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Any doubt about Alan Clark’s appetite for deals as the chief executive officer of SABMiller were erased with his bid for Heineken.

Clark’s preliminary offerBloomberg Terminal -- rejected by Heineken, the maker of popular beers including a namesake lager, Amstel and Newcastle Brown Ale -- could stimulate an industry poised for a new round of consolidation. Just a year ago, Clark said deals were less important than simply growing SABMiller’s brands such as Peroni and Castle Lager. His hand may be forced by an even thirstier competitor: Anheuser-Busch InBev.