S AFRICA: SABMiller sells stake to black investors

By just-drinks.com editorial team | 1 July 2009

SABMiller will offer 10% of shares in its South African Breweries subsidiary to black investors, at an estimated cost of US$220m, to improve compliance with the Government's Black Economic Empowerment initiative.

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SABMiller will offer 10% of shares in its South African Breweries subsidiary to black investors, at an estimated cost of US$220m, to improve compliance with the Government's Black Economic Empowerment initiative.

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