Insights and Stories of philip-blenkinsop

Feb. 29, 2016 at 5:42 pm CST

Ottawa/Brussels | Reuters — The European Union has convinced Canada to include a new way of settling investor claims in their trade deal, making it more likely that it will be passed and putting the U.S. under pressure to accept the same terms. The two sides wrapped up negotiations on […]

By David Ljunggren, philip-blenkinsop

Oct. 15, 2015 at 5:31 pm CDT

Copenhagen/Brussels | Reuters — The prospect of a new competitor that produces one third of an entire industry’s output would normally terrify rival companies, but brewing is different. The very local nature of lagers and ales, and the fact that a price war is seen as unlikely, mean global market […]

By philip-blenkinsop, Teis Jensen

Oct. 13, 2015 at 1:05 pm CDT

Brussels/London | Reuters –– The world’s two biggest brewers agreed on Tuesday to create a company making almost a third of the world’s beer after SABMiller received an improved offer worth more than C$130 billion from larger rival Anheuser-Busch InBev. If it goes through, the deal would rank in the […]

By Martinne Geller, philip-blenkinsop

Oct. 12, 2015 at 4:04 pm CDT

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 a giant that would make nearly a third of the world’s beer. The owner of the Budweiser, Labatt and Alexander […]

By Martinne Geller, philip-blenkinsop

Oct. 7, 2015 at 7:02 pm CDT

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” under par. Refusal of the offer, made public Wednesday after earlier proposals were refused privately, opens the door to a […]

By Martinne Geller, philip-blenkinsop