COMMENT: False start for SABMiller
By Chris Brook-Carter | 11 July 2002
By dropping plans to raise somewhere in the region of £600m from a share placement, the newly formed SABMiller has raised concerns that it will be unable to fund further acquisitions and drive inter-country synergies from the Miller acquisition.
just-drinks articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
By dropping plans to raise somewhere in the region of £600m from a share placement, the newly formed SABMiller has raised concerns that it will be unable to fund further acquisitions and drive inter-country synergies from the Miller acquisition.
- Unlimited access to all the latest global beverage news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-drinks market research
- Plus much more
If you’re already a member, login here
More articles related to this one
UK: SABMiller rumoured to launch Bavaria bid soon
Rumours that SABMiller is poised to launch a bid for Empresarial Bavaria swept the trading floor yesterday (2 June).
UK: SABMiller ups Indian holding
The Indian subsidiary of SABMiller, MBL Investments (Mysore), has acquired the Shaw Wallace Group's 50% interest in the brewing operations of SABMiller's Indian joint-venture.
UK: Deutsche Bank upgrades SABMiller to "buy"
The German-owned investment house, Deutsche Bank, has upgraded shares in the UK-based international brewing group, SABMiller, from "hold" to "buy", and raised its target for the shares from 830p to 950p.
