The federal budget deficit soared in July, pushed higher by economic stimulus payments and $15 billion in outlays to protect depositors at failed banks.(Aug. 12)
Anheuser-Busch, the maker of Budweiser and Bud Light, and the owner of several Central Florida theme parks, agreed to a takeover by the Belgian brewer InBev on Monday.
Belgian Brewer InBev is turning up the pressure in its hostile, $46 billion takeover bid for Anheuser-Busch, by trying to remove the American brewer's board of directors. Meanwhile, Royal Bank of Scotland is working on a deal to create a 2 billion pound specialist healthcare group.
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Anheuser-Busch plans to reject In-Bev's unsolicited $46.3 billion takeover offer - saying it undervalues the company. Meanwhile, Barclays has filed with U.S. regulators for an offering of up to 266 million new ordinary shares.
Anheuser-Busch has begun negotiations for a friendly merger with Belgian-Brazilian brewer InBev NV. Meanwhile, Sanofi-Aventis has tendered a $70.46 per share offer to acquire Czech drug company Zentiva.