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Oct 15, 2015

Unilever says global markets tough but sales beat expectations

LONDON, Oct 15 (Reuters) – Consumer goods maker Unilever
said it expects sluggish global markets will continue
to weigh on performance with no let-up in sight, though a series
of one-off benefits lifted third-quarter sales way past
expectations.

The Anglo-Dutch maker of Knorr soup, Lipton tea and Dove
soap, which generates a large part of its sales from emerging
markets, said on Thursday that taken as a whole, it has seen no
improvement in its markets.

Oct 14, 2015
via From Reuters.com

Name that brew

The deal merging AB InBev and SAB Miller has delivered beer lovers the worst of acronym-heavy M&A. Once the big beer deal is wrapped up, the next challenge will be finding a name for the giant. Vote in our poll or submit your own idea to #namethatbrew.

Oct 14, 2015

MegaKega? Megabrew? Beer merger plans launch corporate name game

LONDON, Oct 14 (Reuters) – Will a beer colossus by any other
name taste as sweet?

For the executives preparing a merger worth over $100
billion, a not inconsiderable question is what to call a company
that will brew almost one in three of the world’s pints.

Oct 13, 2015

AB InBev wins over SABMiller at fifth attempt

BRUSSELS/LONDON, Oct 13 (Reuters) – The world’s two biggest
brewers agreed on Tuesday to create a company making almost a
third of the world’s beer after SABMiller received an
improved offer worth more than $100 billion from larger rival
Anheuser-Busch InBev.

If it goes through, the deal would rank in the top five
mergers in corporate history and be the largest takeover of a UK
company.

Oct 13, 2015

AB InBev, SABMiller brew up $100 billion deal

BRUSSELS/LONDON (Reuters) – The world’s two biggest brewers
agreed on Tuesday to create a company making almost a third of
the world’s beer after SABMiller accepted an offer worth
more than $100 billion from larger rival Anheuser-Busch InBev
.

The SABMiller board said it would give its blessing to a
fifth proposal from its sole larger rival. If it goes through,
the deal would rank in the top five mergers in corporate history
and be the largest takeover of a UK company.

Oct 13, 2015

SABMiller accepts new $106 billion AB InBev takeover offer

BRUSSELS/LONDON (Reuters) – SABMiller (SAB.L: Quote, Profile, Research, Stock Buzz) accepted a takeover proposal at the fifth time of asking after Anheuser-Busch InBev (ABI.BR: Quote, Profile, Research, Stock Buzz), the world’s largest brewer, set out a cash-and-share package currently worth 69 billion pounds ($106 billion).

The deal to create a brewer making almost a third of the world’s beer would rank in the top five mergers in corporate history and be the largest takeover of a UK company.

Oct 13, 2015

SABMiller accepts new 69 billion pound AB InBev takeover offer

BRUSSELS/LONDON (Reuters) – SABMiller (SAB.L: Quote, Profile, Research) accepted a takeover proposal at the fifth time of asking after Anheuser-Busch InBev (ABI.BR: Quote, Profile, Research), the world’s largest brewer, set out a cash-and-share package currently worth 69 billion pounds.

The deal to create a brewer making almost a third of the world’s beer would rank in the top five mergers in corporate history and be the largest takeover of a UK company.

Oct 12, 2015

AB InBev ups offer for SABMiller as deadline looms

LONDON/BRUSSELS (Reuters) – Anheuser-Busch InBev
raised its proposed takeover offer for SABMiller on
Monday, as the world’s largest brewer tries to win over its
smaller rival to the idea of creating a giant that would make
nearly a third of the world’s beer.

The maker of Budweiser and Stella Artois said it would offer
43.50 pounds per share in cash to most SABMiller shareholders,
an improvement from the 42.15 pounds it put forward last week.

Oct 12, 2015

AB InBev raises offer for SABMiller

LONDON/BRUSSELS (Reuters) – Anheuser-Busch InBev raised its proposed takeover offer for SABMiller on Monday, as the world’s largest brewer tries to win over its smaller rival to the idea of creating a giant that would make nearly a third of the world’s beer.

The maker of Budweiser and Stella Artois said it would offer 43.50 pounds per share in cash to most SABMiller shareholders, an improvement from the 42.15 pounds it put forward last week.

Oct 12, 2015

AB InBev has made new approach to SABMiller – report

JOHANNESBURG/LONDON (Reuters) – Anheuser-Busch InBev (ABI.BR: Quote, Profile, Research) made a fresh approach to SABMiller (SAB.L: Quote, Profile, Research) on Monday with an improved offer, Sky News said, as the world’s largest brewer tries to win over its smaller rival to the idea of creating a global brewing giant.

The maker of Budweiser and Stella Artois “made a renewed overture” to SABMiller’s board, the report said, citing people close to the situation. The exact price was not clear, but a source close to the situation on Sunday told Reuters that a bid in the range of 43 to 44 pounds per share was a possibility.