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latest news & developmentsInBev on verge of talks with Anheuser, SABMiller soars
World number two brewer InBev was on the verge of merger talks with Anheuser Busch, a newspaper said on Tuesday, while consolidation fever drove up shares in global leader…
SABMiller secures $1,2-billion Grolsch takeover
SABMiller, the world’s second-biggest brewer, has acquired 94,7% of Grolsch NV shares, securing its €816-million (,2-billion) takeover of the Dutch brewer. SABMiller said in a…
Merrill Lynch chief plans exit strategy
The head of the Wall Street investment bank Merrill Lynch was on Monday night negotiating a severance package tipped to be as high as -million after a risky strategy of betting…