It’s a rollercoaster! Every day there’s a new story and a new twist.— Ruth David, Bloomberg
If they say it’s not enough, then, that’s it! The deal falls apart.— Ruth David, Bloomberg
AB InBev’s bid for SABMiller is in disarray after complaints by shareholders that they haven’t been compensated enough for the recent slump in the value of the pound.
The Money Show’s Bruce Whitfield interviewed Bloomberg News journalist Ruth David.
Listen to the audio below for more detail.
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The fall in the value of the pound could scupper the deal, as it is now worth considerably less than before the UK referendum.
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