Post-Brexit casualty? SAB halts AB InBev integration, rocking the deal
AB InBev’s takeover bid for SABMiller was thrown into disarray after the target company suspended integration of the two brewers following a rebellion from shareholders.
Peroni
African charges, takeover costs hit SABMiller profits. Not slacking post AB InBev bid.
SABMiller reported a decline in full-year profit as it was saddled with charges related to some African operations and costs associated with the AB InBev takeover.
Beer Wars: Singapore’s Fraser & Neave joins race for SABMiller’s Grolsch, Peroni
Fraser & Neave is interested in buying SABMiller’s Peroni and Grolsch brands in Europe, adding to a list of global companies that are bidding for the beer names.
SABMiller bucks trend: Shows ‘above estimates’ growth in emerging markets
SABMiller Plc showed that not all European consumer-goods companies are being stunted by a slowdown in emerging markets.
UPDATE: AB InBev raises $46bn in bond market to back SABMiller takeover
Anheuser-Busch InBev NV sold $46 billion of bonds in what may become the largest corporate offering in history in its bid to takeover SABMiller.
SABMillers’s $3.4bn Peroni, Grolsch up for sale. Japan’s Asahi, KKR among suitors.
Japanese beermaker Asahi Group Holdings is considering making an offer for SABMiller’s Peroni and Grolsch brands in Europe.
SABMiller reports an increase in sales, sees 6% growth in net producer revenue
LONDON (Reuters) – SABMiller, the world’s second-biggest brewer, reported higher first-quarter sales volumes on Thursday, helped by demand during an Easter holiday that fell later than last year. The London-listed company behind beers such as Miller, Grolsch and Peroni said revenue rose 6 percent in the three months to June 30, while volume sold was up 3 percent. … Read more