Following the board recommendation it confirmed it will vote against the deal "as we are uncomfortable with the structure and believe it undervalues the company". Aberdeen added: "We would welcome other investors who value good corporate governance and recognise the superior value from continuing to hold SABMiller as a standalone entity voting in a similar fashion." It is understood that other institutional shareholders have privately objected to AB InBev's final offer. Mr du Plessis said: "The board's decision was difficult given changes in circumstances since the Board originally recommended £44 per share in cash last November.