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UPDATE 2-SABMiller pauses AB InBev integration amid new offer

LONDON, July 27- SABMiller has told employees to pause the integration of its operations with those of Anheuser-Busch InBev as the brewer's board weighs its sweetened takeover offer, two sources familiar with the matter said. Still, AB InBev's U.S.-listed shares fell 3 percent and shares of Molson Coors, which is set to take over SAB's U.S. operations, fell 5...

Source: Reuters

SABMiller suspends integration work for beer merger

LONDON— SABMiller has suspended work on integrating its operations with those of Anheuser-Busch InBev while it reviews AB InBev's sweetened bid, raising concern about completion of the 79 billion pound takeover. The suspension, announced by SABMiller CEO Alan Clark in a memo to employees on Tuesday, came soon after AB InBev increased its cash offer to 45...

Source: The Associated Press

Anheuser-Busch shares drop after SABMiller halts integration

SABMiller halted integration with AB InBev to review the valuation of the merger offer.

Source: CNBC.com

UPDATE 1-SABMiller pauses integration work with AB InBev -sources

LONDON, July 27- SABMiller has asked employees to pause the process of integrating its operations with those of Anheuser-Busch InBev as the brewer's board weighs its sweetened takeover offer, according to two sources familiar with the matter. Still, AB InBev's U.S.-listed shares fell nearly 4 percent and shares of Molson Coors, which is set to take over SAB's...

Source: Reuters

SABMiller pauses integration work with AB InBev -sources

LONDON, July 27- SABMiller has asked employees to pause the process of integrating its operations with those of Anheuser-Busch InBev as the brewer's board weighs its sweetened takeover offer, according to sources familiar with the matter. The pause in operations is not an indication of the board's thinking, said one of the sources, who declined to be identified...

Source: Reuters

UPDATE 3-Brewer AB InBev seeks to nail SABMiller bid with sweetened offer

BRUSSELS/ LONDON, July 26- Anheuser-Busch InBev raised its $100 billion- plus bid for rival brewer SABMiller on Tuesday in an attempt to quash investor dissent over an offer made less attractive by a post Brexit vote fall in the pound. The change comes after a number of activist investors, such as Elliott Capital Advisors and TCI Fund Management, bought stakes in...

Source: Reuters

UPDATE 2-Brewer AB InBev raises offer for rival SABMiller

*Share-and-cash alternative up by 88 pence. LONDON/ BRUSSELS, July 26- Anheuser-Busch InBev raised its $100 billion- plus bid for rival brewer SABMiller on Tuesday after a slide in the value of the pound following the Brexit vote made the offer less attractive for many investors, threatening to derail the deal. It also tweaked the terms of an alternative...

Source: Reuters

UPDATE 1-Brewer AB InBev raises offer for rival SABMiller

*Share-and-cash alternative up by 88 pence. LONDON/ BRUSSELS, July 26- Anheuser-Busch InBev raised its $100 billion- plus bid for rival brewer SABMiller on Tuesday after a slide in the value of the pound following the Brexit vote made the offer less attractive for many investors, threatening to derail the deal. It has also tweaked the terms of an alternative...

Source: Reuters

Brewer AB InBev boosts offer for rival SABMiller

LONDON, July 26- Brewer Anheuser-Busch InBev has sweetened the terms of its $100 billion- plus takeover offer for SABMiller after a fall in sterling since Britain's vote to leave the European Union and a rise in AB InBev's shares reduced the attractiveness of the original terms for SABMiller shareholders. AB InBev will now offer 45 pounds a share, an increase...

Source: Reuters

AB InBev ups offer for SABMiller after Brexit pound slump

LONDON— Budweiser maker Anheuser-Busch InBev increased its cash offer for SABMiller to 45 pounds per share to blunt a revolt by investors who had seen the relative value of their payout plummet as the pound declined following Britain's vote to leave the European Union. AB InBev on Tuesday sweetened its bid by one pound a share to appease smaller investors who...

Source: The Associated Press