SABMiller PLC (SAB.L)
27 Nov 2015
* Constellation shares up 1.5 pct in afternoon trading (Adds Constellation CEO comments, details, shares)
BRUSSELS/LONDON Anheuser-Busch InBev , the world's biggest brewer, launched its $100 billion-plus offer for nearest rival SABMiller on Wednesday and agreed to sell the latter's stake in U.S. venture MillerCoors to help win regulatory approval. | Video
* Role of Director of Integrated Supply and Human Resources would be split into two new positions on SABMiller's executive committee
(The following statement was released by the rating agency) LONDON, November 12 (Fitch) Fitch Ratings has maintained Anheuser-Busch InBev's (ABI) and SABMiller plc's (SABM) Long-term Issuer Default Ratings (IDR) and senior unsecured ratings on Rating Watch Negative (RWN) following yesterday's announcement by ABI that it is launching a formal offer to take over SABM. A full list of rating actions is at the end of this commentary. Fitch initially placed ABI and SABM on RWN on 7 October 2015 w
* Says committed to performance, employees during takeover period (Adds comments by CEO, analyst)
* Says too early to comment on whether he will stay at company following takeover
LONDON Brewer SABMiller reported higher underlying sales for the second quarter on Thursday, a day after larger rival Anheuser-Busch InBev launched a $100 billion-plus takeover bid for it.
LONDON, Nov 12 Brewer SABMiller reported higher underlying sales for the second quarter on Thursday, a day after larger rival Anheuser-Busch InBev launched a $100 billion-plus takeover bid for it.
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Thursday.
(Removes DuPont item after the company cancels analyst day) Cisco Systems Inc's first-quarter revenue and profit are set to beat the average analyst estimates, according to Thomson Reuters StarMine. The network equipment maker is expected to benefit from a recovery in sales of its switches and routers. Investors will look for details on Cisco's security business, where revenue has been growing. Chip equipment maker Applied Materials Inc is set to report fourth-quarter revenue and profit in