Wednesday, September 14, 2005

SABMiller pondering further buys on Chinese market

13/09/2005
Story: SABMiller, the listed UK/South African beer giant, is considering further acquisitions in China. Andre Parker, managing director of SABMiller’s African and Asian operations told the South African daily Business Day that one or two Chinese brewing groups could be up for sale, but he didn’t supply any further information. Parker confirmed that his company would be interested, but added that all other international competitors would eye the deal, the report continued.
According to its homepage, SABMiller achieved a group turnover of USD 11.366bn in 2004.

Source: Business Day
Value: $11,366m (SABMiller group turnover 2004)
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