US: SAB set to seal Miller acquisition

By just-drinks.com editorial team | 12 April 2002

UK-based conglomerate, South African Breweries (SAB), is reported to be close to sealing its $5 billion acquisition of Miller Brewing from the Philip Morris group. Industry and banking sources indicate that SAB will conclude the deal next week with Interbrew deciding against making a counter bid.

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UK-based conglomerate, South African Breweries (SAB), is reported to be close to sealing its $5 billion acquisition of Miller Brewing from the Philip Morris group. Industry and banking sources indicate that SAB will conclude the deal next week with Interbrew deciding against making a counter bid.

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