- The Wall Street Journal•18 hours ago
Anheuser-Busch InBev has cleared a major hurdle to completing its $100 billion-plus megamerger with rival SABMiller, a much-needed deal for the Belgian brewer that reported a steep fall in profits.
- American City Business Journals•yesterday
The proposed tie-up of the world’s biggest beer makers, which appeared to be going flat earlier this week, is moving forward again — and that’s good news for Molson Coors Brewing Co. Wednesday there were signs that the long-planned purchase of London-based SABMiller plc by Belgium-based Anheuser-Busch InBev NV — a merger under which Denver-based Molson Coors (TAP) would assume full control of its U.S. business — was running into trouble . There were reports that SABMiller CEO Alan Clark had told employees to stop work on plans to integrate the two companies’ operations and to cut off contact with their counterparts at AB InBev.
|52wk Range||55.00 - 58.27|
|Day's Range||58.27 - 58.27|
|Avg Vol (3m)||4,100|
As of 12:24 PM EDT. Market closed.