Hints and tips:
...This prompted us to ask whether the SABMiller deal made sense in the first place. The assets it has sold off from the SABMiller portfolio are the focus of the graphic below....
...Its equity value has slumped to €58.96bn We’ve told you before that the Belgian brewer has been struggling with a huge debt burden since its acquisition of SABMiller in 2016....
...BBG) Battle over Unizo points to surge in activist investing in Japan (FT) Norwegian Air sells stake in bank subsidiary for $245m (FT) Due Diligence is written by Arash Massoudi, Javier Espinoza and Robert...
...Its 2016 takeover of SABMiller, which left the group saddled with more than $100bn in debt, has given AB InBev a lasting hangover and prompted the brewer to sell assets and shake up its executive ranks....
...(Bloomberg, FT) AB InBev’s great unravelling The “megabrew” takeover of rival SABMiller was meant to turn Anheuser-Busch InBev into the undisputed king of beer....
...The company’s leadership is already a trifecta of Americans — Schwimmer, chief financial officer David Warren and chairman Don Robert....
...The brewer has been paying a hefty price for its £79bn purchase of SABMiller, which left its fortunes closely tied to the performance of emerging markets....
...AB InBev, which is backed by the Brazilian billionaires behind 3G Capital, is highly leveraged after its £79bn acquisition of SABMiller in 2016....
...The FT’s Mark Vandevelde and Robert Smith broke news of Goodman’s sweetened package on Tuesday....
...for review of Melrose-GKN bid (FT) SoftBank leads $535m investment in food delivery start-up (FT) EU unconditionally approves Luxottica-Essilor merger (FT) AB InBev profits jump on Brazil rebound and SABMiller...
...Belgium’s AB InBev raised the largest ever euro corporate bond last year, a €13.25bn deal funding its merger with rival brewer SABMiller....
...Robert Ottenstein, analyst at Evercore ISI, says this will be a test for AB InBev....
...Recall how that caused trouble for AB InBev as it was in the late stages of finalising its SABMiller takeover last year....
...Robert Ottenstein, analyst at Evercore ISI said: “There is a reasonable chance that an agreement could come in which CCH would acquire some of the African assets and in return agree to sell western European...
...Mr Jacobs will take up the role from Robert Elliott, who is also Linklater’s chairman, when his term ends at the end of September....
...Luke McLeod-Roberts is senior researcher, Latin America at FT Confidential Research. Follow us on Twitter @em_sqrd...
...Beer brewer Anheuser-Busch InBev has formally offered £71bn for SABMiller. Lex's Robert Armstrong and Oliver Ralph assess the numbers behind the deal....
...The world's largest brewer AB InBev's £65bn offer for SABMiller, the second largest, has been rebuffed....
...Chief executive Julian Roberts framed a break-up plan before retiring last year. His successor Bruce Hemphill looks set to put it into effect....
...“The breadth and depth of Scott’s practice perfectly complement our firm,” said Robert Schumer, chair of Paul, Weiss’s corporate department....
...Arjan Dijk , vice-president of marketing, Google 23 Cindy Armine-Klein , executive vice-president and chief control officer, First Data Corporation 24 Gerry Stone , managing director, Bank of America 25 Robert...
...AB InBev will try to extract significant synergies — Robert Ottenstein, analyst at Evercore estimates as much as $2bn — through a tie-up with SABMiller and the scale of the new brewing group would potentially...
...Lazard’s clients include Anheuser-Busch InBev, which recently acquired the UK’s SABMiller for $106bn, and Dow Chemical, which merged with DuPont in a $130bn transaction last year....
...Buying that stake and taking full control of MillerCoors would be “a game changer” for Molson Coors, said Robert Ottenstein, head of Evercore ISI’s global beverages research team....
...SABMiller, the global brewer, has bought the Meantime Brewing Company, the UK craft brewer....
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