In the UK the FTSE 100 Index has climbed about 7 points to 5,221.20 this morning, led by SABMiller.
The brewer has climbed as much as 53p or 6% to 939p, after it confirmed it will buy Columbian brewer Bavaria, in a deal worth $7.8bn to ensure it sits behind InBev as South America's second largest brewer. Unilever has added 11.5p to 567p, along with Cadbury Schweppes, up 7.5p to 547.5p. On the downside, supermarket chain Morrison has lost 1.75p to 184.75p, while Marks & Spencer has dropped 3.25p to 359p. Morrison announced it will miss a self-imposed deadline to appoint new directors to its board. In Tokyo, the Nikkei 225 Stock Average picked up 0.1% to 11,764.84, paced by airline fi...
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