Missouri Minute: Emerson selling units, A-B InBev, SABMiller deal to close in October

Here are today’s top business headlines from across Missouri:

Emerson selling units for $5.2 billion

Emerson said Tuesday that it had reached agreements to sell its Network Power, Leroy-Somer and Control Techniques businesses for a combined $5.2 billion. Read more

A-B InBev and SABMiller say merger deal to close on Oct. 10

Anheuser-Busch InBev and SABMiller, the world’s two largest brewers, set out a timetable Monday for the final stages of their $100 billion-plus merger, with completion of the deal expected in a little more than two months. Read more

July rains wash away investor bets on price gains for grains

Investors have turned bearish on three of the biggest U.S. crops, betting that recent rainfall will cause supply to expand and exert downward pressure on prices. Read more

Pork processor says Polk County facility will employ 160

A pork processing business says it will invest $54 million into a newly opened facility in southern Polk County, adding 160 jobs. Read more

Higher bills may follow emerging truce in telecom price wars

Consumers have benefited from the four leading wireless carriers’ battle for market share, with slashed prices, enticing promotions and tit-for-tat undercutting. Read more

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