Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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Anheuser-Busch InBev SA/NV (NYSE: BUD) announced Tuesday, that it has accepted a binding offer from Asahi Group Holdings, Ltd. to acquire certain of SABMiller PLC's (OTC: SBMRY) European premium brands and their related businesses (excluding certain US rights), including Peroni, Grolsch and Meantime brand families and related businesses in Italy, the Netherlands, the UK and internationally. The sale is contingent on the successful closing of the of SABMiller by AB InBev announced on November 11, 2015.Anheuser-Busch closed at $131.77 on Tuesday, up 3%.China Investment Corp. Seeking Majority Stake in Yum! Brands' China BusinessThe Rumor:
A consortium led by China Investment Corp. has an interest in buying a majority stake in Yum Brands' (NYSE: YUM) China business, according to sources as reported by Bloomberg on Tuesday. The investor group, is said to include KKR & Co. and Baring Private Equity Asia, the sources said. A deal could value Yum! China at $7 billion to $8 billion.Yum Brands closed at $82.13 on Tuesday, down down $0.48.
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Bass Pro Shops is working with Goldman Sachs' private equity unit on an offer for Cabela's Inc (NYSE: CAB), according to sources as reported by Reuters on Tuesday. Reuters first reported on a potential bid by Bass for Cabela's last November.Rival Sports Authority filed for Chapter 11 bankruptcy last month.Cabela's closed at $52.51 on Tuesday, up 6.36%.Lexmark to be Acquired by Apex Technology and PAG Asia Capital for $40.50/Share in CashThe Deal:
Lexmark International, Inc. (NYSE: LXK) announced Tuesday, that it has entered into a definitive agreement to be acquired for $40.50 per share in cash, by a consortium of investors, including Apex Technology Co., Ltd. and PAG Asia Capital. The transaction has an enterprise value of approximately $3.6 billion, net of cash.The deal is expected to close in H2 of 2016Lexmark closed at $34.66 on Tuesday and traded as high as $39.45 after-hours.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.