SABMiller News

Coca-Cola Buys AB InBev Out of Africa Unit for $3.2 Billion

Coca-Cola Buys AB InBev Out of Africa Unit for $3.2 Billion

Coca-Cola Co. will pay $3.15 billion to buy Anheuser-Busch InBev NV out of an African bottling joint venture after the Budweiser brewer’s takeover of the U.S. beverage company’s partner in the region.

The case for South African hedge funds

The case for South African hedge funds: Jaclyn Petrone, Director of International Business Development, Laurium Capital

Over the years as international investors have searched for yield and found themselves looking towards Africa, many have invested with a long-term mindset focused on private and public equity strategies.

Coca-Cola to buy AB InBev's stake in African subsidiary Coca-Cola Beverages Africa

Coca-Cola to buy AB InBev's stake in African subsidiary Coca-Cola Beverages Africa

Coca-Cola Co said it would exercise its right to buy Anheuser-Busch InBev’s stake in Africa’s biggest Coke drinks bottler, after the brewer’s takeover of SABMiller.

Nicky Newton-King, CEO, Johannesburg Stock Exchange (JSE)

Johannesburg Exchange Boss Nicky Newton-King Braces for Competition

South Africa’s stock exchange is getting an upgrade. To keep up with growing competition, the Johannesburg Stock Exchange has embarked on a long-term project to gather all of its markets onto a single, faster trading platform and a new clearing system.

AB InBev agrees to concessions with South Africa over SABMiller deal

AB InBev agrees to concessions with South Africa over SABMiller deal

Anheuser-Busch InBev will invest 1 billion rand ($69 million) to support South African farmers as part of concessions agreed with the government to secure regulatory approval for its $100 billion-plus takeover of SABMiller.

Africa expansion drives SABMiller, AB InBev mega-merger

Africa expansion drives SABMiller, AB InBev mega-merger

Access to African markets is a key driver in the planned mega-merger of brewing giants SAB Miller and AB InBev, according to industry insiders.

AB InBev to acquire South Africa's SABMiller for $104B in largest beer industry takeover ever

AB InBev to acquire South Africa's SABMiller for $104B in largest beer industry takeover ever

The world’s two biggest beer producers are set to merge after SABMiller accepted an increased takeover offer from rival Anheuser-Busch InBev.

SABMiller said to have rejected $100B offer from Anheuser-Busch InBev

SABMiller said to have rejected $100B offer from Anheuser-Busch InBev

SABMiller Plc rejected an informal takeover offer from Anheuser-Busch InBev NV of about 66.4 billion pounds ($100 billion) that it considered too low, according to people familiar with the matter.

Andre de Ruyter, CEO of Nampak Ltd. Photographer: Waldo Swiegers/Bloomberg

Nampak Plans Glass Factories in Africa's Most Populous Nations

Nampak Ltd., Africa’s biggest maker of beverage cans, has agreed with partners to build glass-bottle manufacturing plants to take advantage of growing demand for packaged consumer goods and bottled drinks in the two countries where a quarter of Africans live — Nigeria and Ethiopia.

World's largest brewer Anheuser-Busch InBev approaches South Africa's SABMiller for record industry acquisition

World's largest brewer Anheuser-Busch InBev approaches South Africa's SABMiller for record industry acquisition

Anheuser-Busch InBev NV said it intends to make an offer to acquire SABMiller Plc in a deal that would unite the world’s two biggest beermakers and control about half the industry’s profit.

Under the deal, Diageo is selling a 42% stake in DHN Drinks Ltd. and a 15% stake in Namibia Breweries to Heineken. Photographer: Adam Berry/Bloomberg

Diageo Dissolves Heineken Venture to Go Solo in South Africa

Diageo Plc said it’s dissolving a joint venture with Heineken NV in South Africa and neighboring Namibia three years earlier than planned so the world’s largest distiller can fully own its operations in those countries.

South Africa is a hidden emerging market play: Philippe Langham, Head of Emerging Markets Equities, RBC GAM

South Africa is a hidden emerging market play: Philippe Langham, Head of Emerging Markets Equities, RBC GAM

Philippines, Chile and South Africa offer interesting investment opportunities that are not fully exploited by emerging market investors.

Elsie Kanza, Senior Director & Head of Africa, World Economic Forum

Looking back to move forward: Elsie Kanza, Senior Director & Head of Africa, World Economic Forum

In 1992, one year after the end of the apartheid era in South Africa, the two leaders that would broker the country’s future trajectory appeared together at a forum in Switzerland.

Amy Jadesimi, MD, LADOL (Lagos Deep Offshore Logistics Base)

The Changing Face Of Business In Nigeria: Amy Jadesimi, MD, LADOL (Lagos Deep Offshore Logistics Base)

Ask most people what they think of Nigeria and the answer will likely include references to oil, population and corruption.

SABMiller’s Peroni brand is not as popular in South Africa as is the local Chibuku Super brand (Source: Getty)

SABMiller sees Africa expansion pay off as continent booms

SABmiller sales crept up in the last quarter as the world’s second largest beverage firm’s focus on African markets paid off it emerged yesterday.

Bob Diamond, former CEO of Barclays and current CEO of Atlas Merchant Capital

Why Barclays former CEO Bob Diamond is doubling down on Africa with his new investment outfit Atlas Merchant Capital

Standing outside the Belvedere Hotel, one of the busiest meeting places here in Davos on a bitter cold Swiss morning, are dozens of the most powerful business leaders waiting to get through security to attend a breakfast event at the 45th annual World Economic Forum.

Johannesburg, South Africa

Investors keep an eye on the big picture in Africa, in spite of short-term challenges

Concerns about the scale of the Ebola crisis and plunging commodity prices would have had investors fleeing Africa not that long ago. But dealmaking in the sub-Saharan region is buoyant as most investors set aside short-term worries and bet big on growth.

Africa: A continent of new consumers

Africa: A continent of new consumers

Africa has the foundation for an exceptionally long runway for consumer spending.

Johannesburg Stock Exchange (JSE)

Johannesburg Stock Exchange in Africa gateway play

The Johannesburg Stock Exchange has launched an initiative to attract companies listed in London, New York, Toronto and Sydney to dual list in South Africa as it seeks to reinforce its position as the continent’s top exchange.

Miller beer by SABMiler

M&A activity heats up in Africa as investors bet on growth

Concerns on the scale of the Ebola crisis, current levels of political unrest and plunging commodity prices would have sent investors rushing out of Africa not long ago.

Doug Smart, General Manager, KFC Africa

How to succeed in selling to consumers in South Africa

Doug Smart, KFC’s general manager in Africa, is mulling the challenges his company faces in appealing to a cross-section of South Africans one morning at a restaurant in Johannesburg.

Muhtar A. Kent, CEO of Coca-Cola

Coca-Cola & SABMiller strike deal to create Africa's largest bottling operation

SABMiller Plc (SAB) and Coca-Cola Co. (KO) will combine bottling operations for non-alcoholic beverages in southern and eastern Africa, forming the continent’s largest Coca-Cola bottler with annual revenue of almost $3 billion.

Johnnie Walker Whiskey

Diageo Targets Africa Growth With Spirits Ahead of Beer

Diageo Plc (DGE), the world’s largest distiller, is relying on spirits such as Johnnie Walker whisky and Smirnoff vodka to drive expansion in Africa as economic growth boosts incomes and demand climbs for premium drinks.

To make it big in Africa, a business must succeed in Nigeria, the continent's largest market

To make it big in Africa, a business must succeed in Nigeria, the continent's largest market

IN 2001 MTN, a fledgling telecoms company from South Africa, paid $285m for one of four mobile licences sold at auction by the government of Nigeria.

Beer Brewery

Heineken's Ethiopia Plans Highlight Importance of African Market

Heineken will next month open a new brewery in Addis Ababa, Ethiopia, in what is the Dutch brewer’s latest push to expand in Africa, one of the world’s fastest-growing beer markets.

Siep Hiemstra, President, Heineken Middle East and Africa

Nigeria's Potential Outweighs Risk: Siep Hiemstra, President, Heineken Middle East & Africa

Heineken NV (HEIA), the world’s third-biggest brewer, said the potential of the Nigerian market outweighs the security risk caused by deadly bombings in Africa’s biggest economy.