COSTA RICA: SABMiller closes Pepsi bottling sale
SABMiller has finally completed the sale of its Pepsi bottling operations in Costa Rica.
The global brewer confirmed today (30 April) that the sale to local brewer Cerveceria Costa Rica, announced last month, has now been closed.
The brewer attained the Pepsi bottling operations, as well as hotel and real estate assets in Costa Rica, as part of its acquisition of Latin American brewing giant Bavaria in 2005. SABMiller sold the property assets to a US real estate group last month.
The two deals garnered a combined US$116m for the company.
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