SAB.L Share News (SAB)

Thai Bev says F&N bids for Peroni, Grolsch beer brands

BANGKOK, Jan 25 (Reuters) - Thai Beverage has used its Singapore listed unit Fraser and Neave to "bid without condition" to buy SABMiller's Peroni and Grolsch beer brands, the Thai firm's Chief Executive Thapana Sirivadhanabhakdi said on Monday. The bid was an attempt by the group to expan

PRESS: Asian Brewers Among Bidders For SABMiller's Grolsch And Peroni

UPDATE 1-AB InBev shortlists Asahi, ThaiBev for Peroni, Grolsch purchase - sources

(Adds details on EQT, valuation, context) By Pamela Barbaglia and Saeed Azhar LONDON/SINGAPORE, Jan 21 (Reuters) - Japan's Asahi Group Holdings and Thai Beverage have made it through to the final stages of an auction to buy SABMiller's Peroni and Grolsch beer brands, several sources

AB InBev ushers through Asahi, ThaiBev for Peroni, Grolsch sale - sources

By Pamela Barbaglia, Anjuli Davies and Saeed Azhar LONDON/SINGAPORE, Jan 21 (Reuters) - Japan's Asahi Group Holdings and Thai Beverage have made it through to the final stages of an auction to buy SABMiller's Peroni and Grolsch beer brands, several sources with knowledge of the matter said

SABMiller Says Underlying Net Producer Revenue Rises 7% In Quarter

SABMiller's strong results hit by US dollar  

(ShareCast News) - SABMiller has posted strong net producer revenue (NPR) growth for the third quarter, however that has been knocked back due to the US dollar. The company said it saw 7% growth across the group for the three months to 31 December 2015. However when foreign exchange was taken into a

SABMiller posts better-than-expected 7 pct rise in third-quarter sales

LONDON, Jan 21 (Reuters) - Brewer SABMiller reported a better-than-expected 7 percent rise in underlying third-quarter sales on Thursday, helped by gains in Africa and South America, and stronger growth in Europe, where unseasonably mild weather boosted demand. The company, which is set to

SABMiller's Zimbabwe unit says lager volumes fell in third quarter

HARARE, Jan 18 (Reuters) - SABMiller's Zimbabwean affiliate Delta Corp said on Monday its lager beer sales fell in the third quarter as an economic slowdown forced consumers to shift to cheaper sorghum beer. Delta, 38 percent owned by SABMiller, reported lager beer volumes declined 14 perce

US IG CLOSE-High-grade issuers raise US$63.724bn this week

* No deals price on Friday * Hearing two financials stood down * CDX IG25 wider by over 6 points * Ten-year treasury touches 2% * Hearing US$25bn in IG issuance next week * InBev bonds trade around reoffer levels By Mike Gambale NEW YORK, Jan 15 (IFR) - N

No allocation fuss over AB InBev US$46bn bond

(Refiles for wider distribution) By Shankar Ramakrishnan NEW YORK, Jan 15 (IFR) - Allocations have long been one of the touchier subjects in the bond business, but there was little complaining about this week's US$46bn deal, the second-largest ever, from AB InBev. That marked a

UPDATE 1-Brewers Asahi and Damm vying with private equity firms for Peroni, Grolsch - sources

(Adds valuation and context) By Pamela Barbaglia LONDON, Jan 15 (Reuters) - Japan's Asahi Group Holdings and Spain's S.A. Damm have submitted offers for SABMiller's Peroni and Grolsch beer brands alongside a handful of private equity bidders, three sources with direct knowledge of th

Brewers Asahi and Damm vying with buyout funds for Peroni, Grolsch deal - sources

By Pamela Barbaglia LONDON, Jan 15 (Reuters) - Japan's Asahi Group Holdings and Spain's S.A. Damm have submitted offers for SABMiller's Peroni and Grolsch beer brands alongside a handful of private equity bidders, three sources with direct knowledge of the matter said on Friday. The

UPDATE 1-SABMiller to close South Sudan unit due to low forex supply

(Updates with background on South Sudan economy) JUBA, Jan 15 (Reuters) - SABMiller will close its brewery in South Sudan in March due to difficulties in obtaining foreign exchange to buy raw materials, the company said on Friday. Traders and ordinary South Sudanese have struggled to

SABMiller to close South Sudan operations on low forex supply

Jan 15 (Reuters) - SABMiller will close its brewery in South Sudan in March due to a lack of foreign exchange needed to buy raw materials, the company said on Friday. SABMiller, which was bought by AB InBev last year, said in a statement that mothballing its South Sudan business would affec

AB InBev Lists In South Africa As Part Of SABMiller Acquisition (ALLISS)