• All
  • Articles
  • Squawks
  • Trade views
  • Must reads
  • Videos
  • Calendar
Write a Squawk
No posts
  • Editor’s Picks / 11 November 2015 at 11:58 GMT

    Cheers! AB InBev confirms SABMiller deal

    Belgian brewing giant AB InBev has reached an agreement with SABMiller over the terms of its takeover, announcing that it will pay £44 ($66.7) per share for the London-listed drinks company valuing it at $105 billion, CNBC reports. As part of the deal, which is expected to be completed in the second half of 2016, AB InBev will not own SABMiller's US business, selling off SABMiller's MillerCoors division and the Miller Global Brand Business to Molson Coors. The transaction is expected to be worth some $12 billion.
    Read article on CNBC
    Go to post
  • Editor’s Picks / 13 October 2015 at 6:38 GMT

    SABMiller and InBev agree on deal in principle

    Dow Jones
    SABMiller PLC's board has agreed on the key terms of a sweetened potential takeover offer by Anheuser-Busch InBev NV valuing it at GBP68 billion ($104.5 billion), setting the stage for the world's two largest brewers to combine, Dow Jones reports. After weeks of back and forth, SAB Miller's board has agreed to unanimously recommend to its shareholders AB InBev's proposal to pay GBP44 a share to buy the London-based brewer, marking a 50% premium to its share price on Sept. 14. For 41% of stock, AB InBev is offering a partial-share, essentially a combination of cash and stock translating into a lower per-share price of GBP39.03.
    Read article on Dow Jones
    Go to post
  • Editor’s Picks / 12 October 2015 at 0:23 GMT

    Collapse fears as global M&A deals hit record high

    Nikkei Asian Review
    The global boom in mergers and acquisitions is accelerating, sparking concerns that the market is overheating. A Thomson Reuters report says the value of global M&A deals in 2015 has approached $3.4 trillion – including deals like brewer Anheuser-Busch InBev's $115.3 billion bid for SABMiller. That's a record for January to early October, and for the US and the Asia-Pacific – and the highest for Europe since 2008. This year is on track to surpass the $4.12 trillion achieved in 2007. But there are worries along with the spike in deals, as the M&A booms in IT in 2000 and in finance in 2007 were followed by collapses.
    Read article on Nikkei Asian Review
    Go to post