SABMiller plc Strength attributed to renewed take over speculation following financial press report of talk of a large $60B syndicate being shopped- Anheuser-Busch has long thought to have been a logical suitor ...any deal will have a big part of shares...ABI is up 2%... SAB is not far from $80bil mkt cap...so even so $60bil will make a deal with 60% cash and 40% stock if we assumed 15 to 20% premium from here...big deal for Inbev but make sens...
Stock has been strong since this morning, all brewers names are strong
CALRB DC +2%
TAP US +5.65%
SAB LN +4.84%