|Bid||8,640.10 x 0|
|Ask||8,643.50 x 0|
|Day's Range||8,600.00 - 8,789.30|
|52 Week Range||7,890.00 - 9,300.00|
|PE Ratio (TTM)||24.77|
|Forward Dividend & Yield||70.46 (0.80%)|
|1y Target Est||8,861.67|
Argentina's production ministry said on Wednesday it had approved a proposal from brewer Anheuser Busch InBev NV to divest seven of its brands in the country as a condition for its 2016 takeover of SAB Miller. The $100 billion (£71.6 billion)-plus takeover, which won overwhelming backing from SAB Miller shareholders in 2016, was met with similar conditions by antitrust regulators elsewhere, including the United States and Europe. As part of the proposal from AB Inbev and Chilean brewer CCU, which has operations in Argentina, AB Inbev would transfer the Isenbeck, Diosa, Norte, Iguana and Baltica brands, as well as the licenses to Warsteiner and Grolsch, to CCU.
Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for Compania Cervecerias Unidas (CCU) and that now might be an interesting buying opportunity.
SANTIAGO, Chile, April 27, 2017 /PRNewswire/ -- Compañía Cervecerías Unidas S.A. (CCU) filed with the United States Securities and Exchange Commission (SEC) its annual report on Form 20-F for the fiscal ...