- Reuters•9 hours ago
LONDON/PRAGUE, July 25 (Reuters) - U.S. and European buyout funds are gearing up for SABMiller's sale of its central and eastern European beer brands, with some seeking to join forces to snap up assets worth up to 7 billion euros ($7.7 billion), sources familiar with the matter said. The brewing businesses, based in the Czech Republic, Poland, Hungary, Romania and Slovakia, are for sale as part of Anheuser-Busch InBev's $100 billion-plus takeover of SABMiller, which has come under a shadow of doubt as activist shareholders push for a higher price in light of weak sterling. AB InBev, maker of Budweiser and Stella Artois, has offered to sell SAB's entire European business to ease antitrust approval for the takeover, which is among the largest in corporate history.
- Market Realist•11 hours ago
The stock price of Anheuser-Busch InBev (BUD), the world's largest beer manufacturer, has risen by 3% year-to-date, as of July 22.
|Bid||4,405.00 x 40400|
|Ask||4,450.00 x 109500|
|52wk Range||2,773.00 - 4,590.80|
|Day's Range||4,433.50 - 4,449.50|
|Avg Vol (3m)||2,550,217|
As of 11:39 AM EDT. Market closed.