Reuters — Anheuser-Busch InBev raised its proposed takeover offer for SABMiller on Monday, as the world’s largest brewer tries to win over its smaller rival to the idea of creating […] Read more

Labatt owner ups offer for SABMiller as deadline looms

SABMiller rejects Labatt owner’s takeover approach
Brussels/London | Reuters –– SABMiller, the world’s second largest brewer, has promptly rejected an improved takeover proposal from Anheuser-Busch InBev, saying its 68 billion-pound (C$136 billion) valuation was “very substantially” […] Read more

Labatt owner AB InBev seeks US$275B tie-up with SABMiller
Brussels/London | Reuters — Anheuser-Busch InBev, the world’s largest brewer, has approached rival SABMiller about a takeover that would form a colossus producing a third of the world’s beer. A […] Read more

Nestle says taking action to keep top slot in food industry
London | Reuters — Nestle told shareholders Thursday it is taking steps to maintain its position at the head of the global food industry, where consolidation will create two big […] Read more
Big investor urges Smithfield breakup over buyout
Starboard Value LP revealed a major stake in Smithfield Foods on Monday and urged the world’s largest pork producer to explore a breakup rather than go ahead with a planned […] Read more
U.S. grain prices set records, more searing heat in forecast
Grain prices set record highs on Friday and weather forecasts showed little to no relief in sight from the worst U.S. drought in more than half a century, feeding worries […] Read more