US: Miller sale moves closer with appointment of bank
By just-drinks.com editorial team | 18 March 2002
US conglomerate, Philip Morris, appears to be moving closer to the widely predicted sell-off of its brewing subsidiary, Miller Brewing. According to reports, Philip Morris has appointed the New York office of merchant bank, Dresdner Kleinwort Wasserstein, to advise on its options regarding Miller, valued at about US$6 billion.
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US conglomerate, Philip Morris, appears to be moving closer to the widely predicted sell-off of its brewing subsidiary, Miller Brewing. According to reports, Philip Morris has appointed the New York office of merchant bank, Dresdner Kleinwort Wasserstein, to advise on its options regarding Miller, valued at about US$6 billion.
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