SABMiller, the world's second largest brewer, has promptly rejected an improved offer from bigger rival Anheuser-Busch InBev, saying on Wednesday that its 68 billion-pound ($104 billion) valuation was insufficient.
- Wednesday, 07 October 2015 14:24
- Philip Blenkinsop
- Wednesday, 07 October 2015 07:12
Anheuser-Busch InBev, the world's largest brewer, on Wednesday increased its bid for its largest rival SABMiller to 42.15 pounds per share in cash, valuing the company at nearly 68 billion pounds ($103.63 billion).
- Friday, 02 October 2015 12:47
- Noel Oettlé, Drynet
A new catch phrase, "Land Degradation Neutrality", is being brought into play with increasing prominence, with the intention of using the concept to ensure continued ecosystem functionality, broadly speaking. Yet what it delivers potentially locks communities out of their own lands and ultimately provides a licence for unfettered degradation.
- Thursday, 01 October 2015 11:24
- Joe Brock
Angola's central bank is planning to further devalue the kwanza this year and will continue a managed currency slide in 2016, two banking sources said on Thursday, as Africa's second-biggest oil exporter struggles with lower crude prices.