SABMiller Shares Soar On £75bn Takeover Talk

Shares in SABMiller soared by almost 12% at one stage on the FTSE 100 on Monday following reports it is now a takeover target itself, following a failed bid for Heineken. News of SAB's bid for the Dutch firm emerged on Sunday, with its failure...

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Vodafone 'Plotted Joint Takeover Of Phones 4u'

By Mark Kleinman, City Editor Vodafone was in talks about a joint takeover of Phones 4u as recently as two months ago but abandoned the proposed deal without explanation. Sky News has learnt that Vodafone executives discussed at a meeting in June...

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Retailer Phones 4u 'Forced Into Administration'

Phones 4u stores are closed with thousands of jobs at risk after the retailer said it was being forced into administration by network operator EE's decision to join Vodafone in cutting ties with the firm. The retailer, which employs 5,596 people, said...

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Alibaba Flotation On Course For World Record

China's biggest online retailer appears on course to break the record for the biggest share sale of all time this week. Expectations are growing that Alibaba will raise its price target above the planned $60-$66-per-share range - with sources, said...

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Water Firms Respond To Complaint Challenge

Complaints about water companies have fallen for the sixth straight year - and by a greater margin - after the industry was urged to do more to improve customer service. The Consumer Council for Water (CCWater) said the vast majority of firms had...

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LG Execs 'Destroyed' Samsung Washing Machines

Samsung has demanded an investigation after it accused senior executives at LG Electronics of deliberately "destroying" high-end washing machines at stores in Germany. The company claims its rival vandalised machines in Berlin, with one of the alleged...

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Salmond Accuses Cameron Of 'Scaremongering'

What Happens If Scotland Leaves The Union? Updated: 2:00pm UK, Tuesday 09 September 2014 Supporters of both sides of the Scotland referendum debate are mounting a final push for votes before the ballot on September 18. Sky News looks at what will happen...

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CBI Denies Govt Pressure On Scotland Vote

By Ian King, Business Presenter The president of the Confederation of British Industry has insisted no pressure has been exerted on businesses by the Government to speak out on the Scottish referendum debate. The last week has seen numerous interventions...

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Sports Bar Firm Rileys Calls In Administrator

By Mark Kleinman, City Editor Rileys, one of Britain's biggest sports bar operators, has fallen into administration in a move which threatens more than 500 jobs. Sky News has learnt that Deloitte has been appointed as administrator to Rileys Sports...

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Microsoft Buys Minecraft's Mojang For $2.5bn

Microsoft has confirmed it is buying the maker of Minecraft, with the game's creator leaving the company because he is a "nerd", not a CEO. The US tech giant is stumping up $2.5bn (£1.5bn) for Sweden-based Mojang. Minecraft lets users build and explore...

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