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Stock Market & Financial Investment News

News Breaks
June 27, 2014
06:23 EDTBUD, SBMRY, TAPMolson CEO won't rule out buying SABMiller's stake in JV, WSJ reports
Peter Swinburn, the CEO of Molson Coors (TAP), says he won't rule out buying SABMiller's (SBMRY) 58% stake in MillerCoors, their U.S. joint venture, if it becomes available, the Wall Street Journal reports. Anheuser-Busch InBev (BUD) has been speculated as a potential acquirer of SABMiller, and a combined company could be required to divest MillerCoors. Reference Link
News For TAP;SBMRY;BUD From The Last 14 Days
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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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November 12, 2014
10:25 EDTSBMRYSABMiller, Coca-Cola to form new company in Africa, Sky News reports
Mark Kleinman of Sky News tweeted, "SABMiller and Coca-Cola to announce formation of new company in Africa later this week, consolidating existing operations, I'm told."
November 11, 2014
11:33 EDTBUD, SBMRYSABMiller may look for takeover, expansion stable of beers, WSJ says
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