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  • WASHINGTON, Oct 12- The U.S. Justice Department is probing allegations that Anheuser-Busch InBev is seeking to curb competition in the beer market by buying distributors, making it harder for fast-growing craft brewers to get their products on store shelves, according to three people familiar with the matter. The Justice Department review comes at an awkward...

  • Oct 12- Anheuser-Busch InBev on Monday confirmed it had made a higher 43.50 pound-per-share takeover proposal for SABMiller as the world's largest brewer tries to win over its smaller rival to create a global brewing giant.

  • UPDATE 5-AB InBev raises takeover offer for SABMiller Monday, 12 Oct 2015 | 10:15 AM ET

    LONDON, Oct 12- Anheuser-Busch InBev raised its takeover offer for SABMiller on Monday, as the world's largest brewer tries to win over its smaller rival to the idea of creating a giant that would make nearly a third of the world's beer. AB InBev has until 1600 GMT on Wednesday to launch a formal bid for SABMiller, in what would be the biggest UK company takeover ever.

  • AB InBev increases bid for SABMiller: Report Monday, 12 Oct 2015 | 9:17 AM ET
    AB InBev increases bid for SABMiller: Report

    The "Squawk on the Street" news team discuss the latest battle between two big brewers.

  • JOHANNESBURG/ LONDON, Oct 12- Anheuser-Busch InBev made a fresh approach to SABMiller on Monday with an improved offer, Sky News said, as the world's largest brewer tries to win over its smaller rival to the idea of creating a global brewing giant. The maker of Budweiser and Stella Artois "made a renewed overture" to SABMiller's board, the report said, citing people...

  • *Raises FY adjusted profit forecast to $5- $5.20/ share. *2nd- qtr adjusted profit $1.56/ share vs est $1.32. The global beer market is set for a shake-up, with Anheuser-Busch InBev, the world's largest brewer, making a $104 billion bid for rival brewer SABMiller Plc.

  • Oct 7- SABMiller, the world's second largest brewer, rejected a revised offer from bigger rival Anheuser-Busch InBev on Wednesday, citing the proposal, which values its equity at up to $104 billion, "very substantially" undervalued the company. Following is a summary of key events in the history of SABMiller, based on company reports. SABMiller's origins lie in the...

  • *SABMiller says proposal "substantially undervalues" it. BRUSSELS, Oct 7- SABMiller, the world's second largest brewer, has promptly rejected an improved offer from bigger rival Anheuser-Busch InBev, saying on Wednesday that its 68 billion-pound valuation was insufficient. AB InBev is offering an alternative to the cash offer of partial payment in shares,...

  • Oct 7- Constellation Brands Inc reported a better-than-expected quarterly profit, driven by higher sales of beers under its Corona and Modelo brands. Net income attributable to the company rose to $302.4 million, or $1.49 per share, in the second quarter, from $195.8 million, or 98 cents per share, a year earlier. The global beer market is set for a shake-up, with...

  • BRUSSELS, Oct 7- Anheuser-Busch InBev, the world's largest brewer, launched an improved offer for SABMiller on Wednesday, offering just over 68 billion pounds for its largest rival to extend its reach into Africa and other markets. AB InBev said it believed the offer would be attractive to SABMiller shareholders, adding it was disappointed the UK- based...

  • BRUSSELS, Oct 7- Anheuser-Busch InBev, the world's largest brewer, on Wednesday increased its bid for its largest rival SABMiller to 42.15 pounds per share in cash, valuing the company at nearly 68 billion pounds. The company said in a statement it had made two prior offers for SABMiller with the second one at 40 pounds per share. The merged group would add Africa and...

  • LONDON, Oct 5- If brewing giant Anheuser-Busch InBev buys SABMiller, it will likely force its centralized and standardized operating model on a business known for regional independence. "Investors recognize that two organizations have different cultures but at the end of the day, really they're concerned about sustainable earnings growth," said Bernstein...

  • *AB InBev has until Oct. 14 to launch bid. LONDON, Oct 6- SABMiller, the brewing giant in talks about a potential takeover by rival Anheuser-Busch InBev, reported improved underlying quarterly sales on Tuesday which it said reflected the strength of its long-term business model. The company declined to comment on the New York Post report.

  • LONDON, Oct 5- If brewing giant Anheuser-Busch InBev buys SABMiller, it will likely force its centralised and standardised operating model on a business known for regional independence. "Investors recognise that two organisations have different cultures but at the end of the day, really they're concerned about sustainable earnings growth," said Bernstein...

  • Out of beer? This fridge will tell you, order more Monday, 5 Oct 2015 | 10:02 AM ET
    Bud Light

    Never be out of beer again. Bud Light's smart fridge will track your supply and even order more for you.

  • JOHANNESBURG/ LONDON, Oct 1- South African shareholders of SABMiller are prepared to fight for a continued Johannesburg stock market listing if the brewer gets taken over by Anheuser-Busch InBev so they can benefit from the future growth of a new global drinks giant. Whether or not the merged entity will stay listed on the Johannesburg Stock Exchange, as...

  • Anheuser-Busch scoops up another craft brewer Wednesday, 23 Sep 2015 | 5:21 PM ET
    Meg Gill, co-founder and president of Golden Road Brewing

    Anheuser-Busch has acquired Los Angeles-based Golden Road Brewing, the largest craft brewer in Los Angeles County.

  • AB InBev to buy U.S. craft brewer Golden Road Wednesday, 23 Sep 2015 | 3:08 PM ET

    Sept 23- Anheuser-Busch InBev said it would buy Los Angeles- based Golden Road Brewing as the world's largest brewer looks to expand its presence in the fast-growing craft brewing market. Golden Road, whose brands include the popular India pale ales, Point the Way IPA and Wolf Among Weeds IPA, as well as Golden Road Hefeweizen, operates a brewery and pub in Los...

  • NEW YORK, Sept 17- Anheuser-Busch InBev's prospective deal for SABMiller PLC is expected to ripple across other consumer industries in the next few years, from soda makers and bottlers to snack manufacturers. If AB InBev's initial approach to SABMiller succeeds, the resulting brewer, with a $275 billion market capitalization, could eventually buy Coca-Cola...

  • Anheuser-Busch InBev approached SABMiller about possible tie-up. *ABI, SAB would have combined China beer market share of 37 pct. SHANGHAI/ HONG KONG, Sept 18- A successful marriage between beer giants Anheuser-Busch InBev and SABMiller would almost certainly have to be done without one of the jewels in SAB's crown: its 49 percent stake in China's...