Anheuser Busch Inbev NV (ABI.BR)
20 Feb 2019
NEW YORK, Jan 25 (LPC) - US high-grade companies, including Bristol-Myers Squibb, are boosting the loan element of multibillion dollar acquisition financings in a move that could stretch some banks’ balance sheets.
Japanese brewer Asahi Group is buying the British beer business of Fuller, Smith & Turner, seizing the opportunity to further its overseas reach as other companies wrestle with growing uncertainty over Brexit.
* Japan PM Abe has urged orderly Brexit (Adds context, analyst comments, graphic)
HARARE, Jan 23 Zimbabwe's President Emmerson Mnangagwa has promised action in response to a crackdown by security forces on anti-government protesters following a hike in the price of fuel.
HARARE Protests against fuel price hikes in Zimbabwe have entered their third day, posing a major challenge for President Emmerson Mnangagwa who replaced long-time leader Robert Mugabe and promised to repair the creaking economy.
LONDON JAB Holding Co, the private owner of coffee and restaurant businesses including Keurig Dr Pepper and Pret A Manger, will bring in three new executives as its chairman, Bart Becht, retires.
LONDON, Jan 14 JAB Holding Co, the private owner of coffee and restaurant businesses including Keurig Dr Pepper and Pret A Manger, will bring in three new executives as its chairman, Bart Becht, retires.
HONG KONG (Reuters Breakingviews) - Anheuser-Busch InBev executives who hope for a $70 billion valuation for their Asia business deserve to have their breath tested. The Belgian brewer is considering an initial public offering of part of the unit, Reuters reported on Friday. The region is a fast-growing jewel in AB InBev’s crown, but it faces stiff competition in China, and has struggled in India and Southeast Asia. That makes the mooted price tag tough to swallow.
BRUSSELS, Jan 11 Anheuser-Busch InBev, the world's largest brewer, declined to comment on a report that it was considering a flotation of part of its Asian operations, adding that it remained committed to its business in the region.
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. - - - - - EVENTS: *Tanzania court due to hear challenge to government proposals to restrict political activity GLOBAL MARKETS Asian stocks inched up to five-week highs on Friday, after Chairman Jerome Powell reiterated the Federal Reserve will be patient about raising interest rates and news that trade talks between Washingt