SAB Miller said it would keep talking to Foster’s Group after Australia’s largest brewer rejected the global giant’s $10.1 billion cash takeover offer as too low.
News and views on the fund industry from Reuters and elsewhere:
Bumper day of movers – Reuters
Blind leading the blind? – Baseline Scenario
… and Felix Salmon joins the debate – Reuters
Bulls dwindle – Hedgeweek
SLI tut-tuts after Tomkins deal passes – Guardian