SAB.L Share News (SAB)

SABMiller puts AB InBev integration work on ice - report

(ShareCast News) - SABMiller's management has reportedly placed work on integrating its operations with that of would-be suitor Anheuser-Busch InBev NV on ice for the time being. SABMiller apparently sent the request to employees, reported Bloomberg, citing a person familiar with the matter. Its mo

SABMiller pauses integration work with AB InBev -sources

LONDON, July 27 (Reuters) - SABMiller has asked employees to pause the process of integrating its operations with those of Anheuser-Busch InBev as the brewer's board weighs its sweetened takeover offer, according to sources familiar with the matter. The pause in operations is not an indicat

Sector movers: Electricals advance, beverages slip

(ShareCast News) - Electronic & electrical equipment was among the top-performing FTSE 350 sectors on Wednesday, with constituents Renishaw and Morgan Advanced Materials rising on earnings news. Engineering firm Renishaw reported a 44% slump in full-year pre-tax profit to £80m as revenue fell due to

South Africa's PIC in talks with SABMiller over improved offer by AB Inbev

JOHANNESBURG, July 27 (Reuters) - South Africa's Public Investment Corporation (PIC) is in talks with SABMiller over an improved offer from Anheuser-Busch Inbev, the state pension fund said on Wednesday. "We are in discussions with SABMiller on the offer price and would not like to make ou

UPDATE 3-Brewer AB InBev seeks to nail SABMiller bid with sweetened offer

* New cash offer 45 pounds/share, up from 44 pounds * Share-and-cash alternative up by 88 pence * AB InBev says offer is final * SABMiller reviewing stance with shareholders (Recasts with more on investor dissent) By Philip Blenkinsop and Freya Berry BRUSSELS/LONDO

AB InBev improves offer for SABMiller, 'unacceptable' say shareholders

(ShareCast News) - Brewer SABMiller has received a new, final takeover offer of 4,500p from Anheuser-Busch InBev after the collapse of the pound and pressure from a group of new activist shareholders, but major shareholder Aberdeen Asset Management said that it remained "unacceptable". AB InBe

Brewer AB InBev boosts offer for rival SABMiller

LONDON, July 26 (Reuters) - Brewer Anheuser-Busch InBev has sweetened the terms of its $100 billion-plus takeover offer for SABMiller after a fall in sterling since Britain's vote to leave the European Union and a rise in AB InBev's shares reduced the attractiveness of the original terms for SAB

UPDATE 1-Buyout funds eye alliances for SABMiller's Pilsner, east Europe brands

(Adds details on bidders, context) By Pamela Barbaglia and Jan Lopatka LONDON/PRAGUE, July 25 (Reuters) - U.S. and European buyout funds are gearing up for SABMiller's sale of its central and eastern European beer brands, with some seeking to join forces to snap up assets worth up to

Buyout funds eye alliances for SABMiller's Pilsner, CEE brands - sources

By Pamela Barbaglia LONDON, July 25 (Reuters) - U.S. and European buyout funds are gearing up for SABMiller's sale of its central and eastern European beer brands with some seeking to join forces to snap up assets worth up to 7 billion euros ($7.69 billion), sources familiar with the matte

Sunday newspaper round-up: Brexit, BT, Lloyds, energy companies

(ShareCast News) - Plans to allow the UK an exemption from EU rules on freedom of movement for up to seven years while retaining access to the single market are being considered in European capitals as part of a potential deal on Brexit. Senior British and EU sources have confirmed that despite stro

PRESS: Activist Investor Elliott Attacks SABMiller Takeover - FT

UPDATE 2-SABMiller says to review AB InBev deal once approved by regulators

* Awaits China preconditions before scrutinising terms * SAB to ask AB InBev to issue shares for swap - chairman * Chairman du Plessis defends takeover's PSA structure (Adds Breakingviews link) By Freya Berry LONDON, July 21 (Reuters) - SABMiller's board will review its

SABMiller to scrutinise AB InBev mega-deal after regulator approval - chairman

* SABMiller awaiting China preconditions before scrutinising terms * SAB to ask AB InBev to issue shares for share swap - chairman * Chairman du Plessis defends takeover's PSA structure By Freya Berry LONDON, July 21 (Reuters) - The chairman of SABMiller said the brewer w

UPDATE 5-AB InBev, SABMiller deal wins U.S. approval, adds craft beer protections

(Adds context) By Lauren Hirsch and Chris Prentice NEW YORK, July 21 (Reuters) - Brewers Anheuser-Busch InBev and SABMiller received U.S. antitrust approval for their $107 billion merger on Wednesday, bringing the largest-ever consumer products deal a big step closer to completion.Read more

CORRECTED-UPDATE 4-AB InBev, SABMiller deal wins U.S. approval, adds craft beer protections

(Corrects JULY 20 story to show MillerCoors owned by SAB and Molson Coors, paragraph 3) By Lauren Hirsch and Chris Prentice NEW YORK, July 21 (Reuters) - Anheuser-Busch InBev and SABMiller received approval for their $107 billion merger from U.S. antitrust regulators on Wednesday aft