|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||62.00|
Milan, February 07, 2017-- Moody's Investors Service has today withdrawn all ratings of SABMiller Limited and most of those of its subsidiaries, including the A3/Aaa. za ratings of SABSA Holdings Limited. ...
It’s no surprise that the over $100 billion acquisition combining Anheuser-Busch InBev and SABMiller was focused on potential growth opportunities in emerging markets, especially Africa. AB InBev had no meaningful presence in Africa, while SABMiller had a leading 30% market share in the continent prior to the combination. According to AB
For months it has been speculated that the world’s largest brewer Anheuser-Busch InBev could look to follow its acquisition of the then world’s second largest brewer SABMiller with the acquisition of the beverage giant The Coca-Cola Company.
BRUSSELS/LONDON (Reuters) - Coca-Cola Co (KO.N) has reached a deal to buy Anheuser-Busch InBev's (ABI.BR) majority stake in their African bottling venture for $3.15 billion and hold onto it until it finds a new owner, the companies said on Wednesday. Coke said in October it would exercise a right to buy the stake formerly owned by SABMiller following SAB's takeover by AB InBev. Coke has not said why it decided to buy back the stake, but it might be in its best interest to avoid partnering with AB InBev, which has no experience in Africa, and keep the beer giant at arm's length.
BRUSSELS/LONDON, Dec 21 (Reuters) - Coca-Cola Co has reached a deal to buy Anheuser-Busch InBev's majority stake in their African bottling venture for $3.15 billion and hold onto it until it finds a new owner, the companies said on Wednesday. Coke said in October it would exercise a right to buy the stake formerly owned by SABMiller following SAB's takeover by AB InBev.
It's not over yet for Anheuser-Busch InBev SA/NV (BUD), alias AB InBev, which is carrying the baggage of selling assets to satisfy the regulatory conditions for its recently concluded $100 billion buyout of SABMiller Plc.