SAB edges to premium on debut
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.SHARES IN South African Breweries edged to a small premium on their first day of trading on the London stock market yesterday.
SAB, the world's fourth-largest brewer, which is moving its primary stock market listing to London, placed 35 million shares at 428p, raising pounds 150m. The shares touched 460p before closing at 447p.
The company, whose brands include Castle beer, is valued at pounds 3.5bn at yesterday's closing price, making it a candidate for inclusion in the FTSE 100 index.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments