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Unconfirmed analyst opinions from New York-based Asprey Associates suggest that Spanish Telecoms giant Telefonica SA could emerge as one of the big winners.

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News of a possible merger has been on the table for some time now, as the industry has had to absorb rising costs – from Barley (a raw material for brewing beer), to Aluminium for cans.

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Unconfirmed analyst opinions from New York-based Asprey Associates suggest that Spanish Telecoms giant Telefonica SA could emerge as one of the big winners.

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Senior Analysts at Asprey Associates are reportedly close to upgrading their rating on Belgium-based InBev NV, the world’s largest brewer, amid a flurry of consolidation activity.

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A source close to Asprey Associates has stated that they expect Yahoo to reject the initial offer, and that the paramount importance of the acquisition to Microsoft will necessitate a improved offer.

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An unnamed source, close to Asprey Associates, said the executive team of the New York-based firm were aware of potential buyout interest a number of global investment firms.

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