© Reuters. The ticker sign and trading details for Anheuser-Busch InBev is displayed on a screen on the floor of the NYSE
LONDON (Reuters) – SABMiller (L:-RRB- has asked employees to pause the process of integrating its operations with those of Anheuser-Busch InBev (BR:-RRB- as the brewer’s board weighs its sweetened takeover offer, according to sources knowledgeable about the matter. The time out in operations is not a sign of the board’s thinking, said one of the sources, who decreased to be determined as the matter is personal. The world’s leading brewers had actually been preparing to combine for months, given that they agreed a deal last year. But that deal hit the rocks in recent weeks due to a sharp fall in the pound following Britain’s vote to leave the European Union. AB InBev, maker of Budweiser and Stella Artois, launched a sweetened offer on Tuesday, which SAB is in the procedure of discussing with its advisors and shareholders. Officials for SABMiller and AB InBev decreased to comment.
Disclaimer: Combination Media wish to remind you that the data contained in this website is not always real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex rates are not offered by exchanges however rather by market makers, and so prices may not be precise and may differ from the actual market price, implying prices are indicative and not suitable for trading functions. For that reason Blend Media does n`t bear any obligation for any trading losses you might incur as an outcome of using this data. Combination Media or anybody involved with Combination Media will not accept any liability for loss or damage as a result of dependence on the information consisting of information, quotes, charts and buy/sell signals included within this site. Please be totally informed regarding the threats and costs connected with trading the financial markets, it is among the riskiest financial investment kinds possible.