*SABMiller awaiting China preconditions before scrutinizing terms. LONDON, July 21- The chairman of SABMiller said the brewer would consider the attractiveness of a $107 billion offer by Anheuser Busch InBev after the merger had undergone the regulatory process. At the company's annual general meeting on Thursday, Chairman Jan du Plessis said the board...
The "Squawk Box" news team discusses some of the morning's most provocative headlines, including the U.S. government's approval of the merger between Anheuser Busch InBev and SABMiller, and Japan's safety warning for Pokemon Go.
NEW YORK, July 21- Brewers Anheuser-Busch InBev and SABMiller received U.S. antitrust approval for their $107 billion merger on Wednesday, bringing the largest-ever consumer products deal a big step closer to completion. The deal has already been cleared by Australia, Europe and South Africa, and AB InBev said it still expects closure this year.
NEW YORK, July 20- Anheuser-Busch InBev and SABMiller received approval for their $107 billion merger from U.S. antitrust regulators on Wednesday after the companies agreed to unload beer assets and preserve competition from independent craft brewers. The Belgian brewer will make concessions beyond its publicly stated offer to sell it stake in...
Anheuser-Busch InBev's shares rose more than one percent Wednesday after the beverage maker won U.S. antitrust approval to merge with SABMiller.
July 20- The world's top two brewers, Anheuser-Busch InBev and SABMiller, have won U.S. antitrust approval to merge, Ab InBev said on Wednesday. The deal, which was announced in November of last year, is worth about $100 billion. To win approval for the deal, Denver- based Molson Coors will buy SABMiller's 58 percent stake in their U.S. joint venture.
"The Microsoft Cloud is seeing significant customer momentum," CEO Satya Nadella said.
Final bids for the company's internet business were expected Monday, but no news came out of the company's fiscal second-quarter earnings.
Yahoo reported quarterly earnings that slightly missed analysts' expectations, and revenue that beat expectations on Monday.
So just what will SoftBank do with ARM? It's likely to be business as usual, for now. Recode reports.
As Yahoo prepares to report quarterly earnings, the former interim CEO said he's expecting a bruising for the internet pioneer.
"I don't see a chance that this is an independent company in 24 months," Ross Levinsohn said.
Boutique banks have increased their market share of M&A over big Wall Street firms year over year.
FRANKFURT, July 18- German container line Hapag-Lloyd warned investors that profit would fall in 2016 and signed a binding agreement with Arab peer UASC to form the world's fifth largest shipping company in response to a global industry crisis. "We are able to combine UASC's emerging global presence and young and highly efficient fleet with Hapag-Lloyd's...
Steve Krouskos, global vice chair transaction advisory services at EY, says the search for growth; digital disruption; and globalization are the three primary factors that should continue to drive a very strong M&A market.
Softbank has agreed to buy semiductor firm, ARM Holdings for over $32 billion. Neil Shah, research director of devices & ecosystems at Counterpoint Research, says the deal is a great strategic fit for Softbank.
JERUSALEM, July 17- Israel's Discount Investment Corp said on Sunday it had agreed to sell a 40 percent stake in crop protection products maker Adama Agricultural Solutions to China National Chemical Corp for $1.4 billion, including debt. The deal is set to pave the way for a merger between Adama and its smaller rival Sanonda. Discount Investment said in a...
JERUSALEM, July 17- Adama Agricultural Solutions said on Sunday a possible merger with smaller Chinese rival Sanonda, first announced last year, could be completed in the first half of 2017.. The first was when a Chinese agency published a proposed amendment to China's securities regulations that would allow a global entity to be combined with one...
South African retailer Steinhoff has secured its European deal with Poundland for £597 million. Panmure Gordon director Karri Vuori talks about the tone around M&A, post-Brexit.
The case for merging the London and German stock exchanges has strengthened since the Brexit vote, a Bundesbank board member said on Wednesday.