AB InBev said to be poised to launch bid for SABMiller
Anheuser-Busch InBev, a listed Belgian brewing company, was said to be about to launch a takeover bid for listed UK-based rival SABMiller, The Daily Mail reported. The newspaper’s market report section did not cite source for the speculation.
Traders cited by a Financial Times market report said there was demand for SABMiller options that expire in June. The options are at 3700p per share and 4000p per share, the item said.
Speculation regarding a takeover bid by AB InBev resurfaced despite one of the company's directors selling shares, the FT report said.
SABMiller’s share price closed 158.5p up at 3594.5p in London yesterday, valuing the company at GBP 58.00bn (EUR 77.91bn).
Daily Mail, Financial Times