SABMiller shares jump over 10% on takeover talk
Shares in drinks giant SABMiller soared today after its failed attempts to buy Heineken prompted speculation the group itself could be taken over by Belgian rival Anheuser-Busch (AB) InBev.
SABMiller shares were trading at record highs by 12:10pm, up 12% or 418p at £38.27, as investors speculate the company will be taken over. The group has long been the subject of merger rumours, particularly...
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