Australian brewer Foster's Group sought to put pressure on SABMiller to up its $10 billion hostile takeover offer, unveiling a $521 million capital return even as profits slid... more
Foster's rejects the £6 billion hostile takeover bid from London-based SABMiller, which decided to go over the heads of the board and appeal direct to the Australian brewer's shareholders... more
SABMiller, the London-based brewer of Peroni and Grolsch, plays hardball by going hostile with its takeover bid for Australia's Foster's without raising its earlier offer... more
London based Peroni brewer SABMiller is raising a multi-billion- dollar loan through a banking consortium to launch a renewed bid for Australian brewer Foster's... more
SABMiller's bid for Foster's is expected to take months to resolve as the Aussie lager giant tries to get the world no.2 brewer to sweeten its $10 billion offer... more
London-listed SABMiller sparks a possible bid frenzy in the beer industry as its £6 billion takeover bid for Australia's Foster's Group is rejected... more
Drinks giant Diageo is paying nearly 20 billion Kenyan shillings - that's £137 million - to buy out the 20% of Kenya Breweries it does not already own... more
Brewer SABMiller reportedly in talks to buy the African beer operations of the privately-held French drinks group Castel in a deal worth £6 billion... more
What's cooking at J Sainsbury? Investors have long been waiting for signs of action from the supermarket chain’s biggest shareholder, the Qatari sovereign wealth fund... more
SABMiller, the brewer behind Pilsner Urquell and Peroni, today said it would sell 10% of its South African arm to black investors in a six billion rand (£472 million) deal as it tries to compensate for discrimination under apartheid ... more