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BRUSSELS/LONDON, Dec (Shanghai: 600875.SS - news) 21 (Reuters) - Coca-Cola Co has reached a deal to buy Anheuser-Busch InBev's majority stake in their African bottling venture for $3.15 billion and hold onto it until it finds a new owner, the companies said on Wednesday. Coke said in October it would exercise a right to buy the stake formerly owned by SABMiller (Other OTC: SBMRY - news) following SAB's takeover by AB InBev.
Anheuser-Busch InBev has agreed to sell its majority stake in Africa's largest Coke bottler to the Coca Cola Company for $3.15 billion, the final planned divestment following its purchase of rival brewer ...
Anheuser-Busch InBev will sell its stake in South Africa's Distell Group to state-owned pension fund Public Investment Corp, it said on Thursday, as agreed during its takeover of SABMiller. South Africa's ...
Anheuser-Busch InBev will sell its entire interest in Distell Group Ltd to South Africa's state-owned pension fund Public Investment Corp as part of the conditions for its acquisition of brewer SABMiller, ...
Japanese brewer Asahi Group says it will pay about $7.7 billion for AB InBev's beer assets in five Eastern European countries, including popular Czech beer Pilsner Urquell
The investment vehicle of the family behind one of the world's largest chocolate and coffee dynasties has teamed up with a leading Canadian pension fund in a £4bn raid on Pilsner Urquell and other leading beer brands. Sky News has learnt that Jacobs Holding has joined forces with PSP Investments, a retirement fund which invests on behalf of Canada's famous Mounties, to bid for the Central and Eastern European assets of SABMiller (Frankfurt: 891295 - news) . Brands include the Czech lager brand Pilsner Urquell and the Polish beers Tyskie and Lech, with the portfolio collectively accounting for more than $2bn (£1.6bn) in sales last year.