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AB Inbev and SABMiller shareholders approve takeover deal

Wed, 28th Sep 2016 10:18

(ShareCast News) - SABMiller shareholders on Wednesday approved a $100bn takeover offer by Anheuser-Busch InBev.More than 95% of shareholders at SABMiller gave the green light to the £45 per share deal after stakeholders at Anheuser-Busch InBev also voted in favour of the takeover. SABMiller's two largest shareholders, cigarette maker Altria Group and the Santo Domingo family of Colombia, did not vote on Wednesday as they had already voiced their support for the deal. The parties together own about 40% of the shares.
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4 May 2016 16:08

CORRECTED-UPDATE 1-SABMiller, Coke agree concessions with South Africa over bottling merger

(Corrects to show deal was announced in November 2014) JOHANNESBURG, May 4 (Reuters) - SABMiller and Coca-Cola have agreed concessions with the South African government to win approval for a deal to combine their soft-drink operations, the companies said on Wednesday. The concessions,

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4 May 2016 08:58

UPDATE 2-AB InBev suffers weak 2016 start from Brazil beer slump

* Q1 core profit $3.46 bln vs Reuters poll average $3.73 bln * Beer volumes down 1.7 pct, fall of 10 pct in Brazil * Recession, early Carnival behind Brazil weakness * AB InBev retains forecast, sees SABMiller takeover closing in H2 (Adds shares, analyst comment) By Phil

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4 May 2016 07:04

SABMiller Signs Agreements On Coca-Cola Bottling Operations

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4 May 2016 06:53

SABMiller, Coke agree concessions with South Africa over bottling merger

JOHANNESBURG, May 4 (Reuters) - SABMiller and Coca-Cola will invest 800 million rand ($54 million) to support small South African businesses as part of concessions agreed with the government to win approval for a deal to combine their soft-drink operations, the companies said Wednesday. SAB

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4 May 2016 05:13

AB InBev suffers weak start to year in Brazil

BRUSSELS, May 4 (Reuters) - Anheuser-Busch InBev, the world's top brewer set to buy number two SABMiller, reported lower than expected earnings in the first three months after what it said was one of the most challenging quarters in Brazil in years. First-quarter core profit (EBITDA) rose b

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3 May 2016 12:34

Light beers put more fizz into MillerCoors

(ShareCast News) - MillerCoors, the joint venture between SABMiller and Molson Coors, has served up some strong growth in the first quarter as 'Lite' beer brands both enjoying their strongest volume since the JV began. First quarter underlying net income of $372.1m was up 22.2% on the same period la

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29 Apr 2016 12:29

UPDATE 3-AB InBev to sell more SAB assets as seeks EU deal approval

* Puts SABMiller eastern European assets up for sale * Analyst sees assets fetching $7.75 billion * Carlsberg, private equity, Asahi seen as suitors (Adds more analyst comments, market share) By Philip Blenkinsop BRUSSELS, April 29 (Reuters) - Brewing giant Anheuser-Busc

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29 Apr 2016 07:48

SABMiller could spin off more European assets

(ShareCast News) - Brewing giant SABMiller is set to spin off its businesses in central and eastern Europe, as part of the package of commitments being agreed between its suitor AB InBev and the European Commission. The FTSE 100 firm confirmed these divestments are in addition to the agreed sale of

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29 Apr 2016 06:31

TOP NEWS: AB InBev Offers To Sell SABMiller's Central Europe Brewers

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27 Apr 2016 14:10

AB InBev plays down talk of move beyond beer

* $100 bln purchase of SABMiller seen closing in H2 2016 * Has option plan with target of $100 bln revenue by 2022 * Speculation of next big deal outside beer By Philip Blenkinsop BRUSSELS, April 27 (Reuters) - Anheuser-Busch InBev , the world's largest brewer which is set

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26 Apr 2016 07:03

Kulczyk Investments Offloads GBP1 Billion In SABMiller Shares (ALLISS)

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25 Apr 2016 16:41

Kulczyk Investments To Sell 1.5% Stake In SABMiller (ALLISS)

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21 Apr 2016 09:56

EXTRA: SABMiller Avoids Distraction By AB InBev Offer To Grow Volume

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21 Apr 2016 07:34

London pre-open: Stocks seen higher as investors eye UK retail sales

(ShareCast News) - London stocks were expected to open in the black on Thursday, taking their cue from positive US and Asian sessions as oil prices edged higher. The FTSE 100 was seen starting 12 points higher than Wednesday's close at 6,422. Investors in the UK will eye the release of retail sales

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21 Apr 2016 07:15

Weaker currencies hit SAB Miller NPR; lager volumes up

(ShareCast News) - SABMiller said group net producer revenue fell by 5% for the fourth quarter and 8% for the full year on a reported basis due to the adverse translational impact depreciation of its key operating currencies against the US dollar. On a constant currency basis full-year group NPR gre

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