Advertisement
UK markets close in 7 hours 46 minutes

  • FTSE 100

    8,123.66
    +44.80 (+0.55%)
     

  • FTSE 250

    19,722.68
    +120.70 (+0.62%)
     

  • AIM

    755.49
    +2.37 (+0.31%)
     

  • GBP/EUR

    1.1657
    +0.0001 (+0.01%)
     

  • GBP/USD

    1.2508
    -0.0003 (-0.03%)
     

  • Bitcoin GBP

    51,428.36
    +281.20 (+0.55%)
     

  • CMC Crypto 200

    1,392.11
    -4.42 (-0.32%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • CRUDE OIL

    84.04
    +0.47 (+0.56%)
     

  • GOLD FUTURES

    2,356.10
    +13.60 (+0.58%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,641.76
    +357.22 (+2.07%)
     

  • DAX

    18,006.15
    +88.87 (+0.50%)
     

  • CAC 40

    8,033.23
    +16.58 (+0.21%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

BUZZ-SABMiller: suffers from 3G/Kraft knock-on

Reuters - UK Focus

** SABMiller (Xetra: BRW1.DE - news) among top FTSE 100 fallers as it looks less likely that Brazilian private equity firm 3G Capital (Other OTC: CGHC - news) will make a play for the brewer

** Kraft Foods (NasdaqGS: KRFT - news) is in talks to be acquired by 3G Capital, a source familiar with the matter told Reuters on Tuesday

** Shares (Berlin: DI6.BE - news) of Kraft, which is battling sluggish demand for packaged food products in US, rose as much as 16.5 pct in trading after the bell; WSJ first reported on possible deal

** Rumours had been doing rounds that 3G Capital - led by former professional tennis player Jorge Paulo Lemann, & which owns controlling stake in Anheuser-Busch InBev - was weighing up a 75 bln pound takeover bid for SAB

ADVERTISEMENT

** Traders say Kraft talks imply the 75 bln pound possible bid for SAB is off the table

** Campbell Soup and Kellogg also cited as other stocks that are likely to see the M&A premiums that were built in to be wiped off (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)