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Stock Market & Financial Investment News

News Breaks
February 27, 2013
10:55 EDTSBMRY, TAPMiller Brewing to terminate Canadian license agreement with Molson Coors Canada
Miller Brewing Company, a subsidiary of SABMiller (SBMRY), confirmed earlier that it is terminating its Canadian license agreement with Molson Coors Canada (TAP). Although Molson Coors Canada has filed a lawsuit in Ontario seeking to prevent termination of the License Agreement, Miller is vigorously defending that action and maintains its right to terminate. SABMiller remains committed to the Canadian market, and Miller trademark brands will continue to be available within Canada.
News For SBMRY;TAP 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 EDTSBMRYSABMiller 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 14, 2014
07:47 EDTSBMRYAB InBev CEO says willing to deal but only at right price, Bloomberg reports
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