SABMiller PLC (SAB.L)
24 Jun 2016
* S.African authorities have given conditional approval to deal
(The following statement was released by the rating agency) LONDON, June 22 (Fitch) Fitch Ratings, London, 22 June 2016: Fitch Ratings has maintained SABMiller plc's (SABM) Long-term Issuer Default Rating (IDR) and senior unsecured rating of 'A-' and Short-term IDR of 'F2' on Rating Watch Negative (RWN). Fitch has also maintained on RWN SABM's senior unsecured rating of 'A-' on the debt issued by SABM's subsidiary, SABMiller Holdings Inc. The rating action follows the completion of a period
June 15 U.S. farmers plan to harvest their largest-ever hops crop, giving craft brewers who are struggling to match surging demand for beers with more aroma and bitterness reason to cheer.
JOHANNESBURG, June 7 South Africa's Competition Tribunal will hold hearings over the proposed $100 billion-plus merger by brewer Anheuser-Busch Inbev and SABMiller in June, it said on Tuesday.
* INBev/SABMiller matter set down for hearing by Tribunal on 22,23,24 June
* Inbev matter panel is still being constituted; initial dates are original dates; case is being expedited. Further company coverage:
JOHANNESBURG/LONDON Distell's main shareholder Remgro said it would act in the best interests of its own shareholders and those of the South African drinks company in response to the enforced sale of fellow investor SABMiller's stake.
* Remgro says to consider its rights related to SAB stake sale Remgro reportedly has preemptive right to stake
June 1 The U.S. Justice Department is set to approve Anheuser-Busch InBev SA's takeover of SABMiller Plc later this month, with conditions, Bloomberg reported.
June 1 The U.S. Justice Department is set to approve Anheuser-Busch InBev SA's takeover of SABMiller Plc later this month, in an agreement that may include measures to keep the merged entity from edging craft brewers out of the market, Bloomberg reported, citing people familiar with the matter.