SABMiller Looks to Brew the Right Deal With AB InBev

SABMiller has rejected a formal offer of about $100 million from AB InBev, seeking a higher price in a deal what would create the world's largest brewer. Bloomberg's Ruth David reports on "Bloomberg Markets" (Source: Bloomberg)

Alibaba Sales, Profit Top Estimates
55:20 - Alibaba closes at a record high in New York after reporting sales and earnings that topped analysts' estimates. Revenue jumped 56%, with profit nearly doubling in the June quarter. Bloomberg's Selina Wang reports on "Bloomberg Daybreak: Australia." (Source: Bloomberg)
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