SAB Miller Update

Reuters announced that in an interview with a Handelsbatt reporter, CEO Graham Mackay claimed that SAB Miller will not be considering joining in bidding with InBev to acquire competitor Anheuser-Busch. In fact Mackay believes that if the acquisition does happen that A-B will weaken, most likely because the "Great American Lager" will no longer be American. Mr. Mackay also believes that if InBev does in fact acquire A-B it will not only weaken A-B but also InBev since beer is mainly a local product. On the topic of possible acquisitions Mr. Mackay said, "If the opportunity to acquire a larger German brand were to present itself, then we would take a look at it,".