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Items Tagged with 'SABMiller'
SABMiller plc, London, and Molson Coors Brewing Co., Denver, reported that its joint venture MillerCoors’ first quarter underlying net income increased 16.6 percent to $175.3 million and total net sales increased 3.6 percent to $1.76 billion compared to the first quarter of 2011. The companies attributed the performance to positive pricing growth, cost management and favorable mix.
On Sept. 21, SABMiller plc, London, entered into an agreement with Melbourne, Australia-based Foster Group Ltd. to acquire all shares in the company.