Europe shares rise as M&A fever boosts brewers

lunes 15 de septiembre de 2014 08:08 GYT

* FTSEurofirst 300 up 0.1 pct

* Indexes in tight range ahead of Scotland vote, Fed

* Heineken rebuffs SABMiller bid

* Report AB InBev seeking financing for SABMiller deal

By Blaise Robinson

PARIS, Sept 15 (Reuters) - European shares rose around midday on Monday, led by a sharp rally in brewers such as SABMiller and Heineken sparked by M&A activity in the sector.

Shares in SABMiller jumped 13 percent to a record high following a report in the Wall Street Journal saying that rival Anheuser-Busch InBev is in talks with banks about financing a possible $122 billion bid to acquire SABMiller.

The steep rise in the shares of SABMiller represented a swing of roughly $11 billion in its market value.

Shares in Heineken also rallied, up 3.6 percent after saying it was approached by SABMiller about a potential takeover but that its controlling shareholder intended to keep the company independent.   Continuación...