Monday, April 9, 2007

SABMiller considers $12.8bln bid for brewer S&N-paper

(Reuters) - The maker of Miller Lite and Peroni could make a bid of around 712 pence a share for S&N within days, the Sunday Express quoted sources close to the company as saying.

It would also seek to sell on -- to spirits group Diageo -- the UK arm that makes Britain's biggest selling lager Foster's, John Smith's bitter and Strongbow cider as well as its French business to satisfy industry watchdogs, the report said.


Read more at Reuters.com Business News

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