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SAB.L News

Strong dollar takes froth off SAB Miller interim profits
12 Nov 2015

Strong dollar takes froth off SAB Miller interim profits

(ShareCast News) - A stronger US dollar provided little cheer at brewing giant SABMiller where interim pre-tax profits fell to $2.3bn from $2.82bn as ...

Diageo CEO pleased with portfolio in spirits and beer
12 Nov 2015

Diageo CEO pleased with portfolio in spirits and beer

By Anjali Athavaley NEW YORK, Nov 11 (Reuters) - Diageo Plc is content with its portfolio following recent changes such as the sale of most of its win...

SABMiller's Zimbabwe unit to cut costs, prices after sales fall
11 Nov 2015

SABMiller's Zimbabwe unit to cut costs, prices after sales fall

HARARE, Nov 11 (Reuters) - SABMiller's Zimbabwean affiliate Delta Corp plans to cut costs and reduce the price of some products after reporting a decl...

UPDATE 3-AB InBev launches SAB bid, to sell MillerCoors stake
11 Nov 2015

UPDATE 3-AB InBev launches SAB bid, to sell MillerCoors stake

* ABI sees savings of $1.4 bln from SABMiller takeover * Offer worth $106 bln based on Tuesday's close * Access to African growth key part of deal * M...