Renee Cordes is The Deal’s correspondent in Brussels, covering competition and other areas of EU regulation as well as corporate news. Her company beats range from banks to beer, as well as food and fashion retail for The Deal and The Street. She also does regular studio interviews and video reports posted on both sites. A Chicago native, Cordes has worked as a business journalist in Europe for more than 15 years at media organizations such as the European Voice in Brussels, Bloomberg News in Frankfurt, and startup business publications in post-Communist Hungary and Poland. She is a graduate of Northwestern University's Medill School of Journalism.
The companies had started convergence planning months ago to ensure a smooth transition from day one of the deal nicknamed 'megabrew.'
The British drink giant predicts a near-$490 million profit boost this year from exchange-rate movements.
The rosy report comes weeks after the French food group agreed to buy Silk maker WhiteWave.
First-half profit is in line with expectations, while sales grow more than expected in the same period.
The company stands by a production target despite problems with new projects.
The telco giant says it expects 2016 adjusted earnings to be comparable to 2015.
The new offer values the U.K. target at $103.3 billion and comes as the Belgian suitor bows to pressure from activist investors.
CEO Frans van Houten said the company is sticking to its outlook for the year amid volatility in a number of markets.
Expect a barrage of key indicators and earnings from companies including Deutsche Bank, LVMH, Diageo and AB InBev.
The buyer agrees to asset sales to allay the antitrust concerns of Brussels regulators.
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