AB InBev’s $100B SABMiller Offer: a Deal Worth Toasting?
Anheuser-Busch InBev NV made a third offer for SABMiller Plc, this time going public with a 65.2-billion pound ($99.7 billion) proposal that promptly won support from its biggest shareholder -- but not from the target. The move, which SABMiller noted was barely higher than the previous offer, raised the stakes in the back-and-forth battle over combining the world’s two largest brewers. A merger would create a beverage empire controlling the No. 1 or 2 positions in 24 of the world’s 30 biggest beer markets, according toExane BNP Paribas.
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Infosys CEO Resigns After Criticism From Founders
09:01 - Infosys Ltd. Chief Executive Officer Vishal Sikka has stepped down following criticism from the company’s founder. Chief Operating Officer Pravin Rao will become interim CEO. Bloomberg's Caroline Hyde reports on "Bloomberg Technology." (Source: Bloomberg)