U.K. FTSE 100 Index Pares Losses; Paced by SABMiller, Vodafone Group

(Bloomberg) -- U.K. stocks pared losses, paced by
SABMiller Plc and Vodafone Group Plc.

The benchmark FTSE 100 Index lost 2.3, or 0.1 percent, to
6496.4 at 9:59 a.m. in London. The measure earlier dropped as
much as 0.6 percent. The FTSE All-Share Index slid 5.07, or 0.2
percent, to 3354.87. Ireland's ISEQ Index dropped 92.66 to
8737.01.


Read more at Bloomberg Stocks News

SABMiller considers $12.8bln bid for brewer S&N-paper

(Reuters) - The maker of Miller Lite and Peroni could make a bid of around 712 pence a share for S&N within days, the Sunday Express quoted sources close to the company as saying.

It would also seek to sell on -- to spirits group Diageo -- the UK arm that makes Britain's biggest selling lager Foster's, John Smith's bitter and Strongbow cider as well as its French business to satisfy industry watchdogs, the report said.


Read more at Reuters.com Business News

S.African stocks slide on Wall Street, SABMiller

South African stocks skidded on Tuesday on the back of weaker global equities and as SABMiller fell on news it lost its licence to manufacture Amstel here.

The Johannesburg Top-40 index of blue-chip stocks dipped 0.68 percent to 23,246.82 points while the All-share index fell 0.61 percent to 25,853.05 points.

Read more at Reuters South Africa