Outcome of SABMiller tender offer to acquire remaining Bavaria S A shares in Colombia
18 October 2006
SABMiller plc (“SABMiller”), one of the world’s leading brewers, announces today the acquisition of an additional 516,304 shares in Bavaria S.A. (“Bavaria”) in a tender offer which took place on the Colombian Stock Exchange on 12 October 2006. These shares represent 0.21% of Bavaria and increase SABMiller’s interest in Bavaria to 97.99%. At the offer price of 46,176 Colombian pesos per share, the total cash consideration paid was approximately 23,841 million Colombian pesos or US$10.1 million, with settlement effected today.
Notes to editors:
SABMiller plc is one of the world’s largest brewers with brewing interests or distribution agreements in over 60 countries across five continents. The group’s brands include premium international beers such as Miller Genuine Draft, Peroni Nastro Azzurro and Pilsner Urquell, as well as an exceptional range of market leading local brands. Outside the USA, SABMiller plc is also one of the largest bottlers of Coca-Cola products in the world.
In the year ended 31 March 2006, the group reported US$15,307 million in revenues and profit before tax of US$2,453 million. SABMiller plc is listed on the London and Johannesburg stock exchanges.
This announcement can be found on www.sabmiller.com
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