We look at the top news stories in the global financial markets – SAB Miller takeover problems, Pokemonomics and augmented reality, ‘Rank’s digital gamble, and in the weekend press with James Hughes, Chief Market Analyst at GKFX, and Tony Cross, CEO at Monk Communications.
SAB is under pressure to reconsider ash element of Anheuser-Busch InBev’s bid, which has dived in value relative to a cash-and-stock alternative because of the sterling crash. Pound hasn’t dropped as expected on Brexit. Rand was weak earlier and has actually strengthened in last few weeks.
Pubs and restaurants across the UK are paying to become Pokemon Go destinations in a bid to lure gamers through their doors.
Casino operator Rank Group and online gambling operator 888 Holdings are in talks to create a £2bn gaming giant.