INDIA: SABMiller cools on Mt Shivalik acquisition

By Bhavna Rathore | 16 January 2007

SABMiller India has cooled on its plans to buy local brewer Mt Shivalik, just-drinks has learned. Sources close to the situation have told just-drinks today (16 January) that talks between SABMiller and the Bali family, which controls Mt Shivalik, have come unstuck as SABMiller feels the family is valuing the company too highly.

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SABMiller India has cooled on its plans to buy local brewer Mt Shivalik, just-drinks has learned. Sources close to the situation have told just-drinks today (16 January) that talks between SABMiller and the Bali family, which controls Mt Shivalik, have come unstuck as SABMiller feels the family is valuing the company too highly.

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