Recommended Proposal to Acquire Foster’s at A$5.10 per share

  • Reading time:5 min(s) read

SABMiller plc (“SABMiller”) announces that it has agreed with Foster’s Group Limited (“Foster’s”) a recommended cash offer to Foster’s shareholders at A$5.10 per share (see endnote 1), which values Foster’s equity at approximately A$9.9 billion. (more…)

Carlsberg Elephant enters into Indian market

  • Reading time:1 min(s) read

Carlsberg India, the Indian subsidiary of Danish brewer Carlsberg Group, has rolled out the company’s super premium strong pilsner brand, Carlsberg Elephant, into the Indian market. (more…)

General Court annuls the €31.66 million fine imposed on Grolsch

  • Reading time:4 min(s) read

The General Court annuls the €31.66 million fine imposed on Koninklijke Grolsch NV, subsidiary of SABMiller, for its participation in a cartel on the Dutch beer market, the court said on Thursday. By decision of 18 April 2007, the Commission imposed fines totalling more than €273 million on the main Dutch brewers2, Heineken NV and its subsidiary – Heineken Nederland BV, Bavaria NV and Koninklijke Grolsch NV, for their participation in a cartel on the Dutch beer market from 27 February 1996 to 3 November 1999. (more…)