SAB.L Share News (SAB)

SABMiller reports tough quarter as US approves AB InBev merger

(ShareCast News) - Megabrewer SABMiller announced on Thursday that the US Department of Justice has given its clearance on the company's proposed combination with AB InBev. The FTSE 100 firm said that as part of the consent decree, AB InBev has agreed among other conditions to divest SABMiller's US

SABMiller sales hurt by economic volatility in Africa

LONDON, July 21 (Reuters) - Brewer SABMiller, in the process of being bought by Anheuser-Busch InBev, reported lower quarterly revenue on Thursday, hurt by tough conditions in some African markets. The maker of beers such as Castle Lager, Peroni and Grolsch said group net revenue fell 4 per

TOP NEWS: SABMiller Net Producer Revenue Hit By Weak Currencies

US Approves AB InBev's Acquisition Of SABMiller

U.S. Justice Department says it approves SABMiller, ABI deal

WASHINGTON, July 20 (Reuters) - The U.S. Justice Department said on Wednesday it had agreed to a settlement with Anheuser-Busch InBev SA that will permit ABI to proceed with its acquisition of SABMiller Plc. "The settlement requires ABI to divest SABMiller's entire U.S. business - including

AB InBev says welcomes U.S. approval of SABMiller deal

BRUSSELS, July 20 (Reuters) - Anheuser-Busch InBev said on Wednesday it welcomed the approval of its takeover of SABMiller by the United States Department of Justice, and reaffirmed its intention to close the deal by the end of the year. Anheuser-Busch said in a statement "it has entered i

AB InBev says wins U.S. Antitrust Approval for SABMiller Deal

July 20 (Reuters) - The world's top two brewers, Anheuser-Busch InBev and SABMiller, have won U.S. antitrust approval to merge, Ab InBev said on Wednesday. The deal, which was announced in November of last year, is worth about $100 billion. To win approval for the deal, Denver-based M

SABMiller board to weigh AB InBev takeover terms as shareholder meeting looms -source

LONDON, July 20 (Reuters) - SABMiller has not ruled out asking Anheuser-Busch InBev to revamp its proposed $100 billion-plus takeover offer before formally recommending the bid, a source close to the London-listed brewer told Reuters, amid rising shareholder disquiet about the terms. SABMil

Activist TCI takes SABMiller stake, investors scent sweetened offer

* TCI and fellow activist Elliott invest in SAB * Sterling plunge improves terms for two main shareholders * SAB to hold annual meeting in London this week By Maiya Keidan and Sinead Cruise LONDON, July 18 (Reuters) - The Children's Investment Fund Management (TCI) has tak

Sunday newspaper roundup: Lloyds, UK trade deals, BAE, SABMiller, Lonmin, Uber

(ShareCast News) - The new government could accelerate the re-privatisation of Lloyds Banking Group and scrap George Osborne's plan for a sale to retail investors, senior financiers believe. While Mr Osborne wanted to make a profit on every share in the bank, only selling when the price stood at abo

AFRICA-BUSINESS-Global brewers push local beers to quench African palates

* Global brands face cheap, illicit rival brews * Beers based on cassava and sorghum growing fast * Some Sub Saharan economies match Asian growth rates * Africa's middle class still only slowly emerging By Elias Biryabarema and Duncan Miriri KAMPALA/NAIROBI, July 15

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Wednesday newspaper round-up: BoE bullying, pensions liabilities, Poudland, Rolls

(ShareCast News) - Mark Carney may have bounced the Bank of England into an unnecessary interest rate cut by calling for stimulus only days after the Brexit result, leading economists have warned in a fierce attack on the governor. Former Bank policymakers and other senior economists said that Mr Ca

Big brewers see strong potential for weak beer

* AB InBev targets 20 pct of sales from low/no alcohol beer * Brewers believe taste problem cracked with new techniques * Consumers looking for alternative to sugary soft drinks By Philip Blenkinsop BRUSSELS, July 13 (Reuters) - Anheuser-Busch InBev, which will soon make a