SOUTH AFRICA: SAB may bid for UB stake if price is right

By Chris Brook-Carter | 23 July 2001

South African Breweries (SAB) has confirmed it may be interested in bidding for a stake in the Indian beer giant United Breweries (UB) under the right conditions. UB issued a statement earlier this month inviting SAB to make a bid for a minority stake in the company. A spokesman for SAB told just-drinks.com: "SAB are in India for the long haul and are always looking at opportunities."

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South African Breweries (SAB) has confirmed it may be interested in bidding for a stake in the Indian beer giant United Breweries (UB) under the right conditions. UB issued a statement earlier this month inviting SAB to make a bid for a minority stake in the company. A spokesman for SAB told just-drinks.com: "SAB are in India for the long haul and are always looking at opportunities."

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