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SABMiller plc ADR (SBMRY)

- OTCPK - Current
  • Jul. 18, 2014, 11:49 AM
    • SABMiller (OTCPK:SBMRY) sells a stake in Tsogog Sun for $712M.
    • The company says it will use the funds to invest in core growth within the beverage business.
  • Jul. 13, 2014, 9:45 AM
    • Talk about a merger between Anheuser-Busch InBev (BUD) and SABMiller (SBMRY) has picked up again this summer with many industry insiders forecasting a deal between the beer giants will be completed this year or in 2015.
    • The combination would create a beer juggernaut that would account for close to 30% of global beer volume.
    • Deal on: It's SABMiller's presence in Africa and China that makes it attractive to A-B with execs knowing SABMiller's stake in MillerCoors would very likely need to be sold off to make the deal fly with regulators. Some analysts note the growth channels are vibrant enough to justify the deal premium. Massive synergies on the cost side also help make the math work out.
    • Deal off: SA contributor Tim McAleenan thinks the massive amount of debt that A-B would have to take on to buy SABMiller puts a deal out of reach. Buying at a market peak is also a tricky proposition.
  • Jul. 10, 2014, 10:13 AM
    • Credit Suisse upgrades Heineken (HINKY) to a Neutral rating after having the beer seller slotted at Underperform.
    • Despite some sluggish volume, the so-called Big Beer stocks (SBMRY, BUD) have run up some gaudy gains this year off of benefits from consolidation in the industry. Many analysts think there's plenty of upside still left.
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  • Jul. 9, 2014, 11:12 AM
    • Russia will allow beer advertising until after the 2018 World Cup, reports Reuters.
    • The development is significant for Anheuser-Busch InBev (BUD +0.5%), Heineken (HINKY), Carlsberg (CABGY), and SABMiller (SBMRY) which have seen beer sales decline in the nation due in part to marketing restrictions.
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  • Jul. 8, 2014, 12:31 PM
    • SABMiller (SBMRY) is the most attractive beer stock due its outsized exposure to Africa, according to Marketwatch's Charles Sizemore.
    • Consumption of beer in Africa is tilted heavily toward home brews and small establishments, giving major brewers plenty of upside potential.
    • Africa already accounts for 31% of SABMiller's profits, a mark Sizemore thinks could expand.
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  • Jul. 7, 2014, 7:28 AM
    • SABMiller (SBMRY) plans to sell a 40% stake in Tsogo Sung Holdings for about $1.09B, according to the WSJ.
    • The company says it would use the proceeds from a sale of the hotel operator to invest in its beer operations in the region and to reduce its debt load.
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  • Jun. 13, 2014, 12:28 PM
    • Anheuser-Busch InBev (BUD -0.4%) and MillerCoors (TAP, SBMRY) responded to pressure from a blogger by posting the ingredients of their popular beer brands.
    • The disclosures didn't contain any bombshells and are expected to calm some fears stirred up by food advocates on unhealthy beer additives.
  • Jun. 12, 2014, 10:29 AM
    • Anheuser-Busch InBev (BUD -0.8%) may need to sever ties with PepsiCo in order to merge with SABMiller (SBMRY), according to Santander.
    • SABMiller has deep connections with Coca-Cola.
    • The investment bank thinks A-B will have to pay a 40% premium to land SABMiller.
  • Jun. 10, 2014, 1:51 PM
    • Shares of Molson Coors (TAP +5.8%) are lively on speculation the company might buy out MillerCoors from SABMiller (SBMRY).
    • SABMiller would need to divest U.S. assets if the company's long-rumored combination with Anheuser-Busch InBev (BUD +2.9%) is ever to come to pass.
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  • Jun. 9, 2014, 2:58 AM
    • SABMiller (SBMRY) is seeking a bigger share of the U.S. craft beer market. While one-third of beer volumes sold in the U.S. is premium beer, the category is only 8% of the company's sales.
    • "We’ve got to shift our portfolio to premium. That’s clearly a priority that the team now understands and are working on it,” CEO Alan Clark says.
    • The company is already doing well with many of its new brands, contributing to 25% of last year's growth in the U.S. craft industry.
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  • May. 22, 2014, 6:44 AM
    • SABMiller (SBMRY) rode strength in developing markets to an improvement in net profit for the fiscal year which ended on March 31.
    • The global brewer reported profit of $3.38B vs. $3.25B a year ago.
    • Currency devaluations in emerging markets had a negative impact of $400M on earnings.
    • Full-year sales volume was up 2%, paced by a 5% gain in soft drink volume. Lager volume rose 1% during the period.
    • Shares of SABMiller were up 3.6% in London trading.
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  • May. 7, 2014, 7:40 AM
    • MillerCoors (SBMRY, TAP) grew profit in Q1 on some cost savings measures even with revenue relatively flat for the period.
    • The company saw its domestic net revenue per barrel increase 3.3% in Q1 due to a shift in mix.
    • Brand watch: Sales for two of MillerCoors' well-known beers, Coors Lights and Miller Lite, fell off in the mid-single digits during Q1. In April, the brewer launched ads for Miller High Life and Keystone Light for the first time in two years.
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  • Apr. 16, 2014, 10:47 AM
    • Settlement talks between SABMiller (SBMRY) and Molson Coors (TAP) over a contract to distribute brands have broken down.
    • The two companies will head to court to settle the dispute.
    • The legal squabble is a bit of a family affair with the two companies running the MillerCoors JV together in the U.S.
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  • Apr. 7, 2014, 6:57 AM
    • SABMiller (SBMRY) plans to merge its South Africa and Africa units for management purposes.
    • The company says Mark Bowman will become Managing Director of the enlarged SABMiller Africa region.
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  • Mar. 3, 2014, 9:21 AM
    • A merger between Anheuser-Busch InBev (BUD) and SABMiller (SBMRY) makes more sense now than ever, according to analysts following the sector.
    • A-B faces tough questions on where to find growth and SABMiller has a toehold in some key emerging markets.
    • "You could get the numbers to work," according to SABMiller CEO Alan Clark on the potential for the mega-deal. Meanwhile, execs with A-B have been mum on the subject.
    • The two beer giants line up fairly well on the global regulatory front, although SABMiller would very likely have to shed its stake in MolsonCoors (TAP).
  • Feb. 28, 2014, 11:04 AM
    • RBC Capital takes SABMIller (SBMRY) up to Sector Perform after having the brewer slotted as an Underperform.
    • Valuation on SABMiller has fallen back in line enough to justify the upgrade, according to analysts.
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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.