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  • 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.

  • 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...

  • "Stars aligned" for AB InBev's megabrew merger plan Monday, 12 Oct 2015 | 3:39 AM ET

    *SABMiller says approach is opportunistic, based on share decline. BRUSSELS, Oct 12- Anheuser-Busch InBev's CEO says a study of SABMiller's African beer markets and talks with top shareholders led to an "alignment of stars" that drew it to its nearest rival. But observers say the real catalysts for the $100 billion takeover proposal made public on Oct. 7 are a steep...

  • This billionaire is key to monster brewer deal Saturday, 10 Oct 2015 | 4:26 AM ET
    Senior Managing Director at Quadrant Capital Advisors Inc. Alejandro Santo Domingo speaks at the 6th annual DKMS Linked Against Blood Cancer gala at Cipriani Wall Street on April 26, 2012 in New York City.

    This week the Harvard-educated Santo Domingo also emerged as kingmaker to AB InBev's takeover bid for SABMiller, the FT reports.

  • *Looming "put up or shut up" deadline recalls failed Pfizer bid. Just hours after making public its $100 billion proposal for SABMiller in what would be the biggest-ever UK company takeover, the Belgian firm was forced to issue an embarrassing clarification. As well as a test for AB InBev, which has done lots of deals but never in the UK, the SAB approach is another...

  • *SABMiller board says proposal substantially undervalue company. BRUSSELS/ LONDON, Oct 8- Anheuser-Busch InBev Chief Executive Carlos Brito repeated his appeal to SABMiller shareholders on Thursday, again urging them to push the brewer's board into more serious takeover discussions. AB InBev said it was surprised the SABMiller board said its takeover...

  • *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,...

  • SABMiller rejects AB InBev bid to build monster brewer Wednesday, 7 Oct 2015 | 8:26 AM ET

    U.K. brewer SABMiller has rejected Anheuser-Busch InBev's raised bid to buy the group for £42.15 per share in cash.

  • Early movers: YUM, ADBE, BIIB, LULU, BUD & more Wednesday, 7 Oct 2015 | 7:49 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Why cigarette sales are rising in America Wednesday, 7 Oct 2015 | 6:00 AM ET
    Tobacco smoking cigarette

    Cigarette shipments are on the rise. Here's whats behind the trend.

  • 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...

  • 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...

  • The lawsuit brought by subsidiaries of Imperial Tobacco Group, Reynolds American Inc and Altria against the FDA in the U.S. District Court for the District of Columbia is the second this year over the directive. Tobacco companies withdrew an earlier lawsuit in June after the FDA said it would hold off on enforcement actions while it considered additional...

  • BRUSSELS/ LONDON, Sept 30- A $70 billion debt package being arranged to fund Anheuser-Busch InBev's takeover of SABMiller still leaves the world's largest brewer with a tricky balancing act in satisfying a range of shareholder camps with different needs. SABMiller's two major shareholders face potential capital gains taxes, so may want to get paid in shares-...

  • Sept 18- Anheuser-Busch InBev SA reached out to SABMiller Plc's largest shareholder, Altria Group Inc, before making a takeover approach, Bloomberg reported. Cigarette maker Altria, which owns a 27 percent stake in SABMiller, has signaled it is open to considering a proposal, depending on the terms, the report said, citing people familiar with the matter.

  • Sept 18- Anheuser-Busch InBev SA reached out to SABMiller Plc's largest shareholder, Altria Group Inc, before making a takeover approach, Bloomberg reported. Cigarette maker Altria, which owns a 27 percent stake in SABMiller, has signaled it is open to considering a proposal, depending on the terms, the report said, citing people familiar with the matter.

  • What’s next in the brewing beer mega-deal Wednesday, 16 Sep 2015 | 6:06 PM ET
    InBev SABMiller

    Now that an AB InBev acquisition of SABMiller is officially on the table, there's a lot to be done and much of it needs to happen quickly.

  • BRUSSELS/ LONDON, Sept 16- Anheuser-Busch InBev, the world's largest brewer, has approached rival SABMiller about a takeover that would form a colossus producing a third of the world's beer. A merged group would have a market value of around $275 billion at current prices, and would combine AB InBev's dominance of Latin America with SABMiller's of Africa, both...

  • *FedEx falls after cutting 2016 profit forecast. Sept 16- Energy stocks lifted Wall Street on Wednesday following a 5 percent jump in oil prices, even as investors braced for the Federal Reserve's decision on an interest rate hike. "The market is getting incrementally more comfortable that if the Fed is going to raise rates it's doing it for the right reasons," said...

  • BRUSSELS/ LONDON, Sept 16- Anheuser-Busch InBev has approached rival SABMiller about a takeover that would form a brewing colossus producing a third of the world's beer. A merged group would have a market value of around $275 billion at current prices, and would combine AB InBev's dominance of Latin America with SABMiller's dominance in Africa, both...