Showing posts with label Altria. Show all posts
Showing posts with label Altria. Show all posts

Wednesday, 16 September 2015

Coincidence? - part 2 - CORRECTED

Quelle surprise - Anheuser-Busch Inbev, the world's largest brewer, has finally coughed up to what I have been banging on about for the whole of 2015. That ABI wants to buy SAB Miller, the maker of Peroni and Grolsch, for almost £75 billion (that's a rough figure by the way).

Hacks over at the Financial Times are claiming to have triggered an announcement from SAB Miller. Apparently, the FTSE 100 beer giant shoved out an announcement this morning before the Pink' Un could publish following enquiries from the venerable newspaper's intrepid journos about the brewer receiving a takeover approach from ABI.

Tuesday, 15 September 2015

Coincidence?

SAB Miller shares are sharply up this afternoon - almost 4pc at pixel time.

Some readers might be wondering why.