Anheuser-Busch InBev NV made a formal $107 billion offer for SABMiller Plc, sealing a long-anticipated deal that combines the world’s biggest brewers into a company controlling about half the industry’s profit.
To gain regulatory approval, Molson Coors Brewing Co. will acquire SABMiller’s 58 percent stake in MillerCoors for $12 billion, giving it full control over brands like Coors Light and Blue Moon. The Budweiser maker plans to slash annual costs by $1.4 billion, one third of which will come from overla...
15:30 Kumar Galhotra named Ford North America chief after predecessor ousted for 'inappropriate behavior'14
06:40 Panamanian business planned $500G bribe to FIFA big Eduardo Li26
15:06 Qualcomm raises bid for NXP to about $43.22B35
10:00 Hotel offering discounts for people who stay off their phones39