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Stock Market & Financial Investment News

News Breaks
March 3, 2014
07:56 EDTBUD, SBMRYAB InBev may look to acquire SABMiller, Bloomberg reports
Faced with slow growth, Anheuser-Busch InBev (BUD) may now be interested in taking over SABMiller (SBMRY), reports Bloomberg. A-B may find SABMiller’s presence in the expanding regions such as Africa would spur their growth, say shareholders Alpine Woods Capital Investors LLC and Henderson Global Investors. Reference Link
News For SBMRY;BUD From The Last 14 Days
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November 27, 2014
08:08 EDTSBMRYCoca-Cola to acquire Appletiser brands from SABMiller for $260M
As part of the transaction to form Coca-Cola Beverages Africa, Coca-Cola (KO) will acquire SABMiller's (SBMRY) Appletiser brands on a worldwide basis, and acquire or be licensed rights to a further 19 non-alcoholic ready-to-drink brands in Africa and in Latin America, for an approximate cash consideration of $260M. SABMiller will retain ownership of its non-alcoholic malt beverages in Africa and Latin America and will retain its Coca-Cola franchises in El Salvador and Honduras.
08:07 EDTSBMRYCoca-Cola, SABMiller to form Coca-Cola Beverages Africa
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November 24, 2014
09:02 EDTBUD, SBMRYSABMiller to enter Brazilian market, Telegraph says
SABMiller (SBMRY) agreed to a deal with a local Brazilian brewer and will compete against AB InBev (BUD), reports the Telegraph. Reference Link
November 19, 2014
20:12 EDTBUDAB InBev cutting jobs, consolidating sales division in U.S., WSJ reports
Anheuser-Busch InBev confirmed in a statement that it is cutting jobs and consolidating its sales division in the U.S., according to the Wall Street Journal, but declined to specify how many jobs are being cut. Reference Link
November 14, 2014
07:47 EDTBUD, SBMRYAB InBev CEO says willing to deal but only at right price, Bloomberg reports
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