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The board of brewer SABMiller will recommend shareholders approve the final takeover offer by Anheuser Busch InBev , the company said on Friday, capping a week of high drama about the fate of the consumer industry's biggest-ever merger. AB InBev raised its cash offer to most shareholders by a pound-per-share on Tuesday, after the recent fall in the British currency made last year's deal less attractive. The board also unanimously decided that it intends to propose that its two largest shareholders, Altria and Bevco be treated as a separate class of shareholders.
Nico Rosberg revelled in his return to home soil by topping the times ahead of his championship-leading Mercedes team-mate Lewis Hamilton in Friday free practice for this weekend's German Grand Prix. Rosberg clocked a best lap of one minute and 15.614 seconds in the second session to outpace Hamilton by 0.394 seconds ahead of four-time champion Sebastian Vettel of Ferrari. "And it's great to be back in Hockenheim, at this historic track.