Diageo’s Kenyan subsidiary East African Breweries Limited (EABL) has secured a loan of KES19.5bn ($215.94m) to buy back its subsidiary, Kenya Breweries Limited (KBL), in which SABMiller holds 20% stake. (more…)
During COP17 this week, the South African Breweries Limited (SAB), along with other leading South African corporations, will critically examine the challenge of climate change and how business can make a meaningful impact. (more…)
On 25 November 2011, the Australian Federal Treasurer on recommendation from the Foreign Investment Review Board (FIRB), approved SABMiller’s acquisition of Foster’s and the remaining 50% of Pacific Beverages. (more…)
The fiscal year F12 (ending in March 12) is half complete. The driver of sales and earnings growth continues to be the strong developing market performance (more…)
SABMiller PLC will have to pay an extra A$582 million as part of its takeover of Foster’s Group Ltd. , after the Australian Taxation Office knocked back the planned structure of the deal. (more…)
* Beer division sales up 19.3 pct in Q3
* Retail sales rise 27 pct, same-store sales up 11.6 pct
* Says consumer sentiment hit by global economic woes (more…)
Following strong growth in its African division, SABMiller plc [SAB: LSE/SAB:JNB] announces a US$260m investment programme to fund capacity expansion in its subsidiaries in Uganda, Ghana, Zambia and Tanzania. (more…)
SABMiller plc [SAB:LSE/SAB:JNB] announces a US$295 million capital investment programme in its Peruvian subsidiary, Backus. (more…)
Brewing giant SABMiller Plc narrowly missed forecasts with an 11 percent rise in half-year earnings on Tuesday and cautioned that trading in Europe and North America will stay tough as its input costs ticked higher. (more…)
* Revenues up 41 pct to $255 mln
* Total beverage sales up 23 percent (more…)
