SABMiller shares gain on renewed chatter of GBP 50 per share bid from AB Inbev, Buffett and 3G
SABMiller’s share price gained yesterday, 7 May on renewed gossip of a potential offer from Anheuser-Busch Inbev, 3G Capital and Warren Buffett, the Financial Times reported.
The newspaper’s market report section mentioned talk that the listed Belgian brewing company AB InBev could table a 5000p per share offer for its FTSE-100 rival, with backing from 3G Capital and Warren Buffett. The article did not cite a source for the rumour.
A market report in The Daily Telegraph also noted talk that a consortium comprising AB Inbev,3G Capital and Buffet were working on a 5000p per share bid approach for SABMiller. The item did not cite a source for the speculation.
The Daily Mail’s market report section mentioned gossip that AB Inbev, Buffett and 3G were in final talks with backers about an offer for SABMiller, but did not attribute the speculation to a source.
The Times’ market report section also mentioned chatter about a possible bid for SABMiller from the same group of bidders as mentioned in other newspapers, as did The Guardian’s market report. Neither item cited a source for the rumour.
SABMiller shares closed 124.5p up at 3531p in London yesterday, giving the FTSE-100 brewing company a market capitalisation of GBP 57.07bn (EUR 78.63bn).