Thursday, April 12, 2007

SABMiller year volumes up 10 pct, cool on S&N

(Reuters) - S&N shares were the biggest losers in the FTSE 100 index, off 3.2 percent at 579-1/2p, as SABMiller was one of the leading and most realistic names in the frame to bid for S&N, having the resources and lack of anti-trust barriers, analysts said.

SABMiller Chief Financial Officer Malcolm Wyman did not comment directly on talk it may bid for Britain's biggest brewer S&N, but said the global brewer saw the beer market in western European as "singularly unattractive."


Read more at Reuters.com Hot Stocks News

No comments: