SABMiller announces joint-venture with CCA
SABMiller may not be all that keen (yet) to acquire Foster’s (see above), but that does not mean it can afford to ignore the high-margin Australian beer market. Perhaps it was the announcement of the joint-venture between SABMiller und Coca-Cola Amatil (CCA) to import, market and distribute SABMiller’s international premium brands in Australia, or the sale of Foster’s Indian beer business to SABMiller for a consideration of 120 million USD on a cash-free debt-free basis in August, which gave nourishment to the speculation that SABMiller may be seriously eyeing up Foster’s.
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