re: News: SABMiller gears up for fresh Foster... Full Year results due on August 21st, with a bid by SAB likely to follow is the rumour.
Key points from the video:
1. Loan is likely to go through
2. "Slightly" higher bid
"slightly" indiciates no more than an additional 10% or 49 cents (IMO) so max bid of $5.39 (say $5.4). However, I think they will try for something closer to $5.20 (again IMO)
As always DYOR
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