Food Industry News

SABMiller puts assets in Europe for auction

SABMiller is considering the sale of assets in Central and Eastern Europe, Bloomberg reports, citing sources. Assets are estimated at $ 6 billion.

Chinese beer producer China Resources Beer Holdings, Japanese brewing company Asahi Group Holdings, Swiss investment group Jacobs Holding, Polish Kulczyk Investments and CVC Capital Partners can take part in the auction.

There is a possibility of participation of KKR & Co., Advent International and Mid Europa Partners, the sources noted.

The process of selling the assets, which includes the brand of Czech light beer Pilsner Urquell, should begin in October after the close of the deal on the purchase of SABMiller by the Belgian brewing concern AB InBev for $ 103,81 billion. Slovakia and Poland.

See also ... 19/05/2016 SABMiller's revenue decreased by 8% by the end of the year 02/08/2016 AB InBev will close the deal with SABMiller in October 23/05/2014 SABMiller increases profit 15/10/2014 SABMiller increases revenue14/11/2014 SABMiller reduced profit due to China and Australia14/10/2015 AB InBev and SABMiller agree on merger21/07/2016 AB InBev received approval to take over SABMiller16/09/2014 AB InBev seeks loans to buy SABMiller 12/11/2015 AB InBev launched merger process 02/06/2016 US Department of Justice approves beer purchase of AB InBev 02/12/2015 AB InBev will abandon Grolsch and Peroni for SABMiller28/07/2016 SABMiller has suspended integration with AB InBev20/04/2016 Japanese Asahi is buying up European beer brands13 / 04/2016 AB InBev will sell Peroni and Grolsch for SABMiller 08/10/2015 SABMiller rejects the offer to merge with AB InBev

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