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Shares in SABMiller fell by about 3% in London after Bloomberg reported that the brewer had turned down an initial takeover offer from its largest rival, Anheuser-Busch InBev. The report cited unnamed sources.
Both companies refused to comment or give further information about the status of the takeover talks.
Markets have been expecting a takeover since last month whenSABMiller (SBMRY) announced that AB InBev (BUD) had expressed interest in making a bid. Shares in both companies immediately shot up.
Read more http://money.cnn.com/2015/10/06/news/companies/beer-merger-sabmiller-anheuser-busch-inbev/
Both companies refused to comment or give further information about the status of the takeover talks.
Markets have been expecting a takeover since last month whenSABMiller (SBMRY) announced that AB InBev (BUD) had expressed interest in making a bid. Shares in both companies immediately shot up.
Read more http://money.cnn.com/2015/10/06/news/companies/beer-merger-sabmiller-anheuser-busch-inbev/
