New Extension Granted to November 11

Dear Client:BBD received statements early this morning from SABMiller and Anheuser-Busch InBev confirming that another weeklong extension for ABI to make a formal offer has been requested and granted. (Yesterday we reported that rumors suggested this would be so.)ABI and SABMiller have asked for this latest extension so they can "finalise their discussions and satisfy the pre-conditions to the announcement of a formal transaction." The Takeover Panel has granted the latest request, giving the two parties until 5 p.m. on