I imagine SAB Miller's shares will be hit hard this morning as the Wall Street Journal revealed overnight that 3G, the fund managed by a group of Brazilian billionaires, is in talks to buy Kraft for more than $40 billion.
The newspaper claimed 3G is pursuing Kraft through Heinz, which it bought a couple of years ago, and is likely to merge both companies.
Here is a link the WSJ story:
http://www.wsj.com/articles/kraft-in-talks-to-be-acquired-by-3g-capital-1427238184
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