AB Inbev Bonds Jump as SABMiller Shareholders Said to Back Deal
AB Inbev Bonds Jump as SABMiller Shareholders Said to Back Deal
Bonds of Anheuser-Busch InBev NV rebounded as key shareholders of takeover target SABMiller Plc are said to support the deal, even after integration of the two brewers was halted because of complaints from other investors.
Bloomberg
Bloomberg
SABMiller Halts AB InBev Integration to Review Higher Offer
SABMiller Halts AB InBev Integration to Review Higher Offer
AB InBev’s $104 billion takeover bid for SABMiller Plc hit a snag after the target company suspended integration of the two brewers following resistance from shareholders who say they haven’t been compensated enough for the pound’s recent plunge. SABMiller shares fell the most in almost 10 months.
Bloomberg
Bloomberg
SABMiller Halts AB InBev Integration, Deal Now in Disarray
SABMiller Halts AB InBev Integration, Deal Now in Disarray
AB InBev’s $103.6 billion takeover bid for SABMiller Plc was thrown into disarray after the target company suspended integration of the two brewers following a rebellion from shareholders who say they haven’t been compensated enough for the pound’s recent plunge. SABMiller shares fell the most in almost 10 months.
Bloomberg
Bloomberg
SABMiller Shareholders Said to Support New AB InBev Offer
Major SABMiller Plc shareholders have signaled they favor Anheuser-Busch InBev NV’s revised $102 billion takeover offer as the board prepares to meet in the coming days to vote on whether it supports the deal, according to people familiar with the process.
Bloomberg
Bloomberg
From analysis to the latest developments in health, read the most diverse news in one place.
Already a member? Sign in here
SABMiller Board Recommends AB InBev’s New $104 Billion Offer
SABMiller Plc’s board unanimously recommended Anheuser-Busch InBev SA’s improved $104 billion takeover offer, paving the way for the biggest acquisition in the history of the beer industry and capping a tumultuous week in which the Budweiser maker bowed to pressure to sweeten its offer.
Bloomberg
Bloomberg
SABMiller puts AB InBev integration on hold to consider improved offer
AB InBev had upped offer for London-based brewer from £44 to £45 a share in light of pound’s post-Brexit decline
The Guardian - UK
The Guardian - UK