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SABMiller slides on takeover bid for Foster's
Invstors in SABMiller have given a lukewarm response to its $9.5 billion bid for Foster's, constraining the group's ability to significantly lift its offer for Australia's beer giant. Shares in London-based SABMiller opened weaker again last night after a sharp sell-off the night before on news of the bid, wiping $1bn off the value of the Anglo-South African brewing conglomerate. Foster's has rejected the bid, but analysts yesterday downplayed the likelihood of a rival bid, despite indications that Belgium-based Anheuser-Busch InBev and Asahi of Japan, among others, are taking a strong interest in the fate of one of the world's few remaining independent brewers.
written on 23.06.2011 um 16:33.
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Molson Coors Introduces New Summer Brews
23.05.12 - With peak summer selling season right around the corner, Molson Coors Brewing Company is showcasing a global lineup of product and packaging innovations designed to deepen consumer connections to core brands like Coors Light, Miller Lite, Molson Canadian and Carling, as well as build its portfolio to meet emerging consumer demands. From Coors Light Iced T to Cold Activated Aluminum Pints and a new Blue Moon beer, the summer selection of cold, refreshing brews is heating up. [more]
Grainexx Market Report 21/2012
23.05.12 - There will be nothing really new on Greece for the next 4 weeks until we know an election result. Various scenarios are being played with at the moment, both by politicians and analysts. Squeezing out the Greeks from the Euro zone is legally not possible, and a voluntary exit could be suicidal. [more]
Ukraine Seeks 4 Million-Ton Barley Agreement With Saudi Arabia
22.05.12 - Ukraine is seeking to reach agreement with Saudi Arabia on supplying as much as 4 million metric tons of barley to the Middle East country, Agriculture Minister Mykola Prysyazhnyuk said. Saudi officials will arrive in Ukraine next month to discuss an accord, Prysyazhnyuk said in a statement e-mailed yesterday. [more]
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