Is the 'Bud-Miller' beer merger about to unravel?

Discussion in 'Off-Topic' started by truebluefan, Oct 6, 2015.

  1. truebluefan

    truebluefan Administrator Staff Member Administrator

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    Shares in SABMiller fell by about 3% in London after Bloomberg reported that the brewer had turned down an initial takeover offer from its largest rival, Anheuser-Busch InBev. The report cited unnamed sources.

    Both companies refused to comment or give further information about the status of the takeover talks.

    Markets have been expecting a takeover since last month whenSABMiller (SBMRY) announced that AB InBev (BUD) had expressed interest in making a bid. Shares in both companies immediately shot up.

    Read more http://money.cnn.com/2015/10/06/news/companies/beer-merger-sabmiller-anheuser-busch-inbev/
     

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