SABMiller in R6bn BBBEE deal

July 1, 2009

The deal will place 10% of the company's shares under black ownership, the transaction will benefit stakeholders who are directly involved in the company's business.

The South African Breweries Ltd (SAB) today announced a significant proposed BBBEE transaction worth approximately R6 billion, which will place about 10% of the company's shares under black ownership.  Genuinely broad-based, the transaction intends to benefit those stakeholders who are directly involved in the company's business.

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