BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[SABMiller bids for Grolsch, others bid for Scottish & Newcastle]]>http://www.bloggingstocks.com/2007/11/20/sabmiller-bids-for-grolsch-others-bid-for-scottish-and-newcastle/http://www.bloggingstocks.com/2007/11/20/sabmiller-bids-for-grolsch-others-bid-for-scottish-and-newcastle/http://www.bloggingstocks.com/2007/11/20/sabmiller-bids-for-grolsch-others-bid-for-scottish-and-newcastle/#commentsFiled under: , ,

This week the volatile beer industry this saw two new developments in its trend toward consolidation, a trend that has led to continued speculation that it will sooner or later force Anheuser-Busch (NYSE:BUD) to make a major move such as entertaining the notion of acquisition by InBev.

BUD's rival SABMiller (OTC:SBMRY) announced it will bid $1.2 billion for European brand Grolsch NV, at a huge 80% premium. Grolsch is popular in its home Netherlands, but SABMiller believes it has great potential for expansion to other world markets. The offer will become official in January, but stockholders are already lining up in support of the generous terms.

Ironically, Grolsch is distributed in the U.S. by Anheuser-Busch.

Second, beer makers Carlsburg and Heineken are partnering on a $15.1 billion offer for U.K. brewer Scottish & Newcastle, maker of one of my favorites, Newcastle Brown Ale, as well as Kronenbourg 1664. The two plan to divvy up S&N's business, with Carlsburg taking Russian, Eastern European, French, Greek and Chinese operations, while Heineken would end up with North American, U.K. and Indian market products. This deal is opposed by S&N's management.

SABMiller bids for Grolsch, others bid for Scottish & Newcastle originally appeared on BloggingStocks on Tue, 20 Nov 2007 12:57:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>anheuser-BuschbudcarlsburggrolschheinekeninbevsabmillerSABmiller:SbmryTue, 20 Nov 2007 12:57:00 EST<![CDATA[Before the bell: Futures indicating a lower start as oil rises]]>http://www.bloggingstocks.com/2007/11/19/before-the-bell-futures-indicating-a-lower-start-as-oil-rises/http://www.bloggingstocks.com/2007/11/19/before-the-bell-futures-indicating-a-lower-start-as-oil-rises/http://www.bloggingstocks.com/2007/11/19/before-the-bell-futures-indicating-a-lower-start-as-oil-rises/#commentsFiled under: , , , , , , , ,

If you're a bear, then at least another down beginning may await you in today's session. At least, that's the indication U.S. stock futures are giving this morning. As economists forecast the risk of a recession increased due to the collapse of the housing market along with the credit crunch and as oil prices jumped again on OPEC comments, it seems the bears have returned.

On Friday, U.S. stocks saw volatile session that ended with gains, with the Dow industrials rising 66 points, or 0.51%, the Nasdaq Composite up 18 points, or 0.72%, and the S&P 500 rising 7 points, or 0.52%. On the week stocks finished higher in a week full of wild swings. The Dow ended up 1.03%, the S&P 500 and the Nasdaq ended up 0.35%.

Not much economic data is due today so investors are focusing on rising oil prices, overseas activity and some M&A action.

Continue reading Before the bell: Futures indicating a lower start as oil rises

Before the bell: Futures indicating a lower start as oil rises originally appeared on BloggingStocks on Mon, 19 Nov 2007 07:46:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ccelgfeaturedgrolschhpqlownorthern rockNorthernRockphrmsabmillerswiss reSwissRexrxMon, 19 Nov 2007 07:46:00 EST