The world’s largest brewer AB InBev (ABI) has announced a $1bn share buyback programme and predicted that its beer volumes will rise in 2015. Plus, British American Tobacco’s sales decline beats expectations, Morrisons shares rise and the all the other latest news from the City.
Shares in global brewer SABMiller (SAB) were up by more than 2.5% this morning on weekend reports that Brazilian investment giant 3G Capital was eying up a swoop for the UK-listed firm.
Beverage giant wants to find best program for suggesting food and drink pairings
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