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Deal could value unit at between $6bn and $8bn, below analysts’ expectations
US president’s plan is the next catalyst for growth in the building materials sector
Deal to combine media, content and production to challenge likes of Netflix in Spanish streaming
...“After the SAB transaction, we have a truly global footprint. We’re on all continents, in all the important markets for beer, and we have very strong brands,” said the CEO....
Spanish-language TV channels battle for viewers drawn from fast-growing US ethnic group
Presidential promise to make nation great again to prove mixed blessing for US groups
...Aberdeen, which holds about 1 per cent of SAB shares, said it intended to vote against the deal, believing that SAB had “superior value” as a standalone company....
Multinationals seek prestige names to swallow
...SAB shares trade just under the new price, suggesting investors believe that “final” means just that....
...In March, Belgian brewer AB InBev sold a €13.25bn bond the week after the program was announced to fund its acquisition of brewer SAB Miller....
...Anheuser-Busch InBev, which aims to acquire SAB, has considerable Pepsi assets — an uneasy fit. Buying out SAB would add a third to CCH volumes....
...Molson Coors, which following SABMiller’s merger with AB InBev bought SAB’s stake in their MillerCoors venture, has acquired four craft breweries in the past year....
Latin America’s biggest mobile phone group helped by lower costs and foreign exchange fluctuations
Equities trading in Latin America’s second-largest economy may face competition from new market entrant
Ruling over disputed 64m shares could unseat billionaire as conglomerate’s largest shareholder
...The merger between Belgium’s AB InBev and the UK’s SAB Miller to create the largest brewer in the world was agreed in November for a total price tag of $108bn....
...The SAB board is still unimpressed. It rejected that bid, too. Three groups of people should be nervous. First, AB InBev shareholders. Their company is offering $99.5bn for SAB’s equity....
...is SAB’s second-largest shareholder....
...The Belgian-Brazilian brewer said SAB had already rejected two offers, one at £38 a share and one at £40....
...Altria, then Philip Morris, gained a 36 per cent share in SAB worth $3.4bn, after it sold Miller Brewing to SAB in 2002....
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