The second and third-largest US breweries, will have equal voting rights although SABMiller will retain a 58% equity stake in the JV due to the higher value of its assets. The deal, which is forecast to close halfway through next year, is expected to lead to US$500m in annual cost savings. Combined beer sales for MillerCoors will amount to 81 million hectolitres per year, generating net revenues of around US$6.6bn.