Diageo’s Shares Rise On Rumors Of Merger With SABMiller
date:Jul 01, 2014
After falling to its lowest point in nearly two months late last week, Diageos share price has enjoyed a bounce amid rumors of a potential merger between itself and SABMiller. At mid-day today, Diageos shares were trading at approximately 18.75 ($31.88) on the London Stock Exchange, about 2.5% above their price when the market closed last Thursday.

Talk of a union between Diageo and SABMiller follows weeks of speculation that A-B InBev has been exploring an acquisition of SABMiller that would b
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