LONDON, July 29 (Reuters) - Fund manager Aberdeen AssetManagement reiterated on Friday it would vote againstthe takeover of SABMiller by Belgian rival AB Inbev after the company said it backed the revised terms.
However, it said it welcomed the SAB board's decision totreat leading shareholders Altria and Bevco as a separate classof shareholder.
"This acknowledges the reality of the situation and willhelp to ensure that the views of the rest of the investor basehave due weight," Aberdeen said, although it continued todislike the deal structure and thought it undervalued SABMiller.
"We would welcome other investors who value good corporategovernance and recognise the superior value from continuing tohold SABMiller as a standalone entity voting in a similarfashion." (Reporting by Simon Jessop. Editing by Andrew MacAskill)