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M&A Roundup: SABMiller-InBev reaches deadline, has Shire-Baxalta deal stalled?

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 12, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Ben Harington, Betaville Blog and business journalist, joined Nick Batsford on the Tip TV Finance Show to discuss the key M&A and rumours in the current market. Key Points: ABI offered £42 last week and are expected to raise their offer for SAB Miller to £43-44, but SAB Miller are looking for £45-50 a share and as the target company, they can only extend the deadline which at the moment is Wednesday. The Shire-Baxalta deal is still stalled, with the likely cause of this being the 25% fall

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