SABMiller plc ADR (SBMRY) - OTCPK - Current
  • Wed, Jun. 22, 1:02 PM
    • Anheuser-Busch InBev (BUD +0.5%) says it will unload Distell Group faster than planned in order to help smooth a path with regulators in South Africa evaluating the SABMiller (OTCPK:SBMRY) acquisition.
    • A Competition Tribunal hearing in South Africa over the deal is ongoing with testimony from a key union expected later this week.
    • Shares of A-B are up 16% since hitting a 2016 low in February.
    | Wed, Jun. 22, 1:02 PM | 2 Comments
  • Fri, Jun. 17, 3:07 PM
    • Susquehanna issued a detailed report on IRI scanner data trends in the food and beverage industry.
    • The investment firm noted that soda drink volume fell 2.8% Y/Y for the 12-week period ending on June 5. PepsiCo (NYSE:PEP) volume was down 5%, compared to 1.3% decline for Coca-Cola KO and 1.9% fall-off for Dr. Pepper Snapple (NYSE:DPS).
    • K-cup revenue was up 8% for the 12 weeks as J.M. Smucker (NYSE:SJM). Starbucks (NASDAQ:SBUX), and Dunkin' Brands (NASDAQ:DNKN) all showed strong volume amid ongoing pricing pressure. K-cup sales decelerated for Kraft Heinz (NASDAQ:KHC) and could turn negative if pricing pressure sustains.
    • In the yogurt category, scanner data over four weeks confirmed that General Mills (NYSE:GIS) is losing market share to Chobani and Danone (OTCQX:DANOY). Susquehanna tips that Chobani may be prepping for a sale.
    • General Mills beat out Kellogg (NYSE:K) in the cereal category as its 12-week sales growth of +2.3% easily topped Kellogg's 2.2% decline.
    • Pricing with beer is helping to make up for continued volume pressure. Across the sector, pricing was recorded as 2.5% higher for the 12 weeks of data.
    • Beer volume: Anheuser-Busch InBev (NYSE:BUD) -1.8%, MillerCoors (OTCPK:SBMRY, TAP) -2.7%, Boston Beer (NYSE:SAM) -2.1%.
    • Susquehann'a Pablo Zuniac put together the deep dive into the scanned data.
    • Within the F&B sector, he has BUD, THS, WWAV, TAP, and KHC rated at Positive.
    | Fri, Jun. 17, 3:07 PM | 10 Comments
  • Fri, Jun. 17, 2:21 PM
    • A judge tossed a case filed against MillerCoors over advertising of the Blue Moon label.
    • The plaintiff didn't have enough evidence that suggested MillerCoors misrepresented Blue Moon as a craft beer or pressured retailers to include the brand in their craft sections, according to U.S. District Judge Gonzalo Curiel.
    • If the name sounds familiar that's because Curiel is the judge accused by Donald Trump of bias in the Trump University class action lawsuit.
    • Molson Coors (NYSE:TAP) will acquire full control of Blue Moon and the other MillerCoors brands in the U.S. from SABMiller (OTCPK:SBMRY) after the MegaBrew deal closes.
    | Fri, Jun. 17, 2:21 PM
  • Thu, Jun. 16, 11:50 AM
    • The latest report from the USDA indicates that farmers in the U.S. expect to harvest 51,115 acres of hops this year, up 17% from last year's production.
    • An abundance of hops is beneficial to price-sensitive smaller craft brewers, particularly those heavy with IPA beers. Larger beer companies can also benefit with future contract pricing if the hop supply stays stable.
    • Beer sales rose 0.2% in the U.S. last year, led into positive territory by a 13% gain in craft beer sales.
    • Full USDA report
    • Beer stocks: BUD, OTCPK:SBMRY, TAP, OTCQX:HEINY, SAM, BREW, STZ, PINT.
    | Thu, Jun. 16, 11:50 AM
  • Thu, Jun. 9, 3:48 AM
    • MegaBrew is getting closer to a reality as AB InBev (NYSE:BUD) nears Chinese approval for its $107B takeover of SABMiller (OTCPK:SBMRY).
    • As part of the tie-up, the companies have agreed to divest the maker of Snow beer, the world's top-selling brand.
    • Approvals for both transactions could come as soon as this month, clearing one of the final hurdles for the largest beer deal in history.
    | Thu, Jun. 9, 3:48 AM | 1 Comment
  • Thu, Jun. 2, 3:09 AM
    • The U.S. Justice Department is likely to approve AB InBev's (NYSE:BUD) takeover of SABMiller (OTCPK:SBMRY) later this month, Bloomberg reports.
    • The agreement may contain measures to keep the beer behemoth from edging craft brewers from shelves, and could also include limits on the combined company's ownership of distributors.
    • The deal received a green light from South Africa's Competition Commission earlier this week.
    | Thu, Jun. 2, 3:09 AM | 1 Comment
  • Tue, May 31, 11:35 AM
    • South Africa's Competition Commission clears Anheuser-Busch InBev's (BUD +0.1%) takover of SABMiller (OTCPK:SBMRY) on the condition that it sells a 26% stake in Distell Group.
    • The company is also required to protect jobs and set up a fund to protect local farmers.
    • A-B InBev landed approval for MegaBrew last week from the European Commission last week.
    | Tue, May 31, 11:35 AM
  • Tue, May 24, 1:48 PM
    • Anheuser-Busch InBev (NYSE:BUD) is up 2.39% and SAB Miller (OTCPK:SBMRY) ADRs are 1.87% higher after the European Commission officially approved the mega-merger between the beer giants as expected.
    • There were no surprises with the EC statement after A-B removed much of the drama by agreeing to divest SABMiller's business in the Czech Republic, Hungary, Poland, Romania, and Slovakia.
    | Tue, May 24, 1:48 PM | 1 Comment
  • Fri, May 20, 11:29 AM
    • Regulators with the European Union are set to conditionally approve the merger of Anheuser-Busch InBev (BUD +0.1%) and SABMiller (OTCPK:SBMRY +0.2%), separate sources confirm to Reuters.
    • Anheuser-Busch InBev has made several key asset sales in order to present a stronger case to the EU.
    | Fri, May 20, 11:29 AM | 2 Comments
  • Wed, May 18, 9:05 AM
    | Wed, May 18, 9:05 AM
  • Wed, May 18, 5:15 AM
    • The brewer is warning it will continue to face foreign exchange volatility, after posting an 8% fall in full year revenue.
    • However, the maker of Miller Lite and Castle Lager saw beer volumes rise 2%, thanks to strong sales in Africa and Latin America.
    • Separately, Asahi (OTC:ASBRY) has also ruled out bidding for certain SABMiller (OTCPK:SBMRY) assets amid its mega merger with AB Inbev.
    | Wed, May 18, 5:15 AM | 6 Comments
  • Thu, May 5, 2:09 AM
    • Following several delays, the Australian Competition and Consumer Commission has cleared Anheuser Busch Inbev's (NYSE:BUD) planned $100B takeover of rival SABMiller (OTCPK:SBMRY), stating the deal would not adversely affect the domestic market.
    • AB Inbev still expects to complete the purchase by the end of 2016, but has to secure antitrust clearance in Europe, where both it and its target are headquartered.
    | Thu, May 5, 2:09 AM | 1 Comment
  • Wed, May 4, 3:42 AM
    • Royal Dutch Shell's (RDS.A, RDS.B) CCS (Current Cost of Supplies) earnings per share, excluding identified items, decreased 63% to $1.6B, as the tumble in oil prices continued to take its toll.
    • Unfavorable currency effects and a weak Brazil market weighed on AB InBev's (NYSE:BUD) net profit, but the brewer said it expects to close its SABMiller (OTCPK:SBMRY) deal in the second half of 2016.
    • Siemens (OTCPK:SIEGY) powered ahead with better than expected second-quarter profits, boosted by earnings growth at its power, gas and energy-management divisions.
    | Wed, May 4, 3:42 AM | 2 Comments
  • Fri, Apr. 29, 4:57 AM
    • Anheuser-Busch InBev (NYSE:BUD) offers to sell more of SABMiller's (OTCPK:SBMRY) European brands to appease European Commission regulators. The sale of beer assets in Hungary, Romania, Czech Republic, Slovakia, and Poland could generate as much as $5B, according to Exane BNP Paribas.
    • The rights to Pilsner Urquell outside of the U.S. are included in the offloading.
    • Potential buyers of the beer brands include Carlsberg (OTCPK:CABGY) and Heineken (OTCQX:HEINY).
    | Fri, Apr. 29, 4:57 AM
  • Thu, Apr. 28, 1:57 PM
    • The Department of Justice is probing how it can assured that Anheuser-Busch InBev (NYSE:BUD) and MillerCoors (OTCPK:SBMRY, TAP) won't hold beer prices high through tacit collusion following the merger between A-B and SABMiller, according to CTFN.
    • Tacit collusion involves discrete strategies to prevent competition rather than direct communication over pricing.
    • Some academic studies have indicated that tacit price collusion occurred when SABMiller and Molson Coors merged U.S. operations back in 2007.
    • The independence of the distributor network in the U.S. in a post-MegaBrew world is also being evaluated.
    | Thu, Apr. 28, 1:57 PM | 3 Comments
  • Wed, Apr. 27, 12:19 PM
    • The merger between Anheuser-Busch InBev (BUD -0.4%) and SABMiller (OTCPK:SBMRY) is likely to be approved by the Australian Competition and Consumer Commission, sources tell CTFN.
    • The local market is seen having enough beer competition and M&A potential to withstand the long-awaited combination of beer giants.
    • A final decision from the ACCC is expected shortly after it extended its original decision date.
    • SABMiller ADRs stand at $60.85 vs. the post-MegBrew high of $62.60.
    | Wed, Apr. 27, 12:19 PM
Company Description
SABMiller is one of the world's leading brewers with more than 200 beer brands and some 70,000 employees in over 75 countries. We also have growing businesses in soft drinks and we are one of the world's largest bottlers of Coca-Cola products.
Industry: Beverages - Brewers
Country: United Kingdom