- Shares of Anheuser-Buch InBev (NYSE:BUD) are down 3.3% and now trade below where they did before the brewer's thirst for SABMiller was tipped last week. Uncertainty over how a deal would look has caused some investors to back away, say some analysts.
- Molson Coors (TAP -2.5%) is also lower on the day, but trades with a robust deal premium (+17% since the story leaked) with a combination of A-B and SABMiller seen giving the company a solid chance at gaining full control of MillerCoors. Evercore ISI says Molson Coors already has financing lined up for a MillerCoors JV buyout and would forsake its investment grade status to get a deal in the hopper.