Coca-Cola Amatil to spend AU$58M to buy SABMiller's Fijian beer and spirits business
March 23, 2012
– Coca-Cola Amatil will spend AU$58 million (US$60.1 million) to buy SABMiller’s Fijian beer and spirits business, The Sydney Morning Herald reported March 23.
The assets were formerly owned by Foster’s Group, which was bought by SABMiller. Coca-Cola Amatil had the rights to buy the Fijian operation as part of a separate deal last year in which it sold its half share in its Australian brewing business to SABMiller.
Meanwhile, discussions are also continuing with SABMIller for Coca-Cola Amatil to buy the Australian non-alcoholic beverage business of Foster's.
The primary source of this article is The Sydney Morning Herald, Sydney, Australia, on March 23, 2012.