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AB InBev seeks to sell SABMiller’s Grolsch, Peroni brands
December 3, 2015 by publisher · Leave a Comment
By Philip Blenkinsop BRUSSELS (Reuters) – Anheuser-Busch InBev is looking to sell SABMiller's Grolsch and Peroni brands to address potential concerns among European competition regulators over its planned acquisition of the world's second largest brewer. The sale of the brands and their related businesses in Italy, the Netherlands and Britain would be conditional on AB InBev acquiring SABMiller in a cash and share offer currently worth some 72 billion pounds ($108 billion). AB InBev said on Thursday…
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AB InBev seeks to sell SABMiller’s Grolsch, Peroni brands
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Fed faces patchwork recovery despite near-normal labor markets
November 4, 2015 by publisher · Leave a Comment
By Howard Schneider ALEXANDER CITY, Ala (Reuters) – As gleaming new factories turn out Airbus aircraft and Hyundai cars in Alabama's urban centers, this small town that once was home to Russell Athletics shows the dilemma now faced by U.S. policymakers. Economic recovery has…
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Fed faces patchwork recovery despite near-normal labor markets
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AB InBev, SABMiller extend takeover deadline to November 11
November 4, 2015 by publisher · Leave a Comment
Brewer SABMiller Plc has extended the deadline for rival Anheuser-Busch InBev to make a formal $100 billion-plus takeover offer by a further week in order to finalize shareholder support for the deal. The two companies said in a joint statement on Wednesday that London's Panel on Takeovers and Mergers had granted SABMiller's request to push back the deadline to 5 p.m. (12.00 midnight ET) on Wednesday, November 11. The …
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AB InBev, SABMiller extend takeover deadline to November 11