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...
18:05 DP World, Quebec's Caisse to create C$5 billion investment vehicle21
14:49 Trump warns of ‘retribution’ for companies that offshore jobs, threatening 35 percent tariff19
13:08 ECB Extends Bond-Buying at Reduced Pace Until End of 201711
09:49 Intesa to provide bulk of funds to Glencore for Rosneft deal: sources20