InBev may look at SABMiller

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Bankers say a tie-up could see disposals to get around antitrust issues in the US, SABMiller’s 58% stake in US brewer Miller would have to go (more…)

SABMiller keen to foster relationships with retailers

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SABMILLER will work quickly to repair the prickly relationship between Foster’s and its two biggest customers, supermarkets Coles and Woolworths, pushing for a collaborative approach to kick-start stalled growth in the beer category rather than relying on heavy price discounting to drive sales that can prove unprofitable. (more…)

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

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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…)

SABMiller invests further into Chinese beer market

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Global brewer SABMiller (SAB.L) is expanding further in the world’s biggest beer market with its Chinese joint venture agreeing to pay around $42 million on Thursday for an investment in a brewer in the southern Chinese province of Guizhou. (more…)