SABMiller to buy Grolsch for $1.2 bln
SABMiller to buy Grolsch for $1.2 bln
LONDON (Reuters) – SABMiller , the world’s second-biggest brewer, has agreed to buy Dutch rival Grolsch for 816 million euros ($1.2 billion) in cash to strengthen its position in the fast-growing premium beer market.
Source: feeds.reuters.com
Fed’s Stern: Foreclosures in housing to rise
SINGAPORE (Reuters) – Minneapolis Federal Reserve Bank President Gary Stern said on Monday he expected the U.S. housing market to weaken further because of a large pool of unsold homes.
Source: feeds.reuters.com
About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
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