Non-Cyclical Consumer Goods

UPDATE 2-AB InBev makes $104 billion bid for rival brewer SABMiller

BRUSSELS, Oct 7 - Anheuser-Busch InBev, the world's largest brewer, launched an improved offer for SABMiller on Wednesday, offering just over 68 billion pounds ($104 billion) for its largest rival to extend its reach into Africa and other markets.

M&A, Regulatory News 8:57am BST

UPDATE 2-Tesco shows signs of recovery after profit collapse

* Investors back new CEO, balance sheet a worry (Adds reaction)

BUZZ-SABMiller: AB InBev raises takeover offer to 42.15 stg/shr

** SABMiller up more than 3 pct in strong volumes & 5th top FTSE bluechip gainer after Anheuser-Busch InBev , the world's largest brewer, raises its cash offer for SAB to £42.15/shr

8:10am BST

Diageo sells stakes in Jamaican, Malaysian brewers to Heineken

Oct 7 - Diageo Plc, the world's largest spirits company, said it had sold its stakes in Jamaican brewer Desnoes & Geddes Ltd (D&G) and Malaysian beer producer Guinness Anchor Bhd to Heineken NV.

7:52am BST

Thailand denies labour abuses after IndustriALL Union complaint

BANGKOK, Oct 7 - Thailand's military government on Wednesday defended its labour record after a global labour union with 50 million members filed a complaint against the country.

7:35am BST
Consumer Non-Cyclicals


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