SABMiller set to acquire majority stake in South America's Bavaria

07/19/2005 | CNNMoney · BBC · Wall Street Journal, The

Colombia's Santo Domingo family is expected to announce the sale of a 71.8% stake in Grupo Empresarial Bavaria, the second-largest brewer in South America, to SABMiller for $7.8 billion. Heineken had also bid for the company.

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