Stock Talk: SABMiller takeover likely to be a long time brewing

AB InBev's bid for SABMiller could go remarkably smoothly and be done and dusted within six to 12 months of an actual offer being put on the table (that excludes the implementation, of course). But chances are that even if SABMiller management decides to back the deal and even if all the major shareholders give the nod, this will be a drawn-out affair generating tens of millions of dollars for advisers along the way.