FOSTER S NEWS ON FASTMOVING

Coopers will soon ramp up the marketing activity behind its new international beer brands, Carlsberg and Kronenbourg, having recently announced a $20 million capital expansion programme to accommodate its continued sales growth. read more

SABMiller Plc (SAB), the world’s second- biggest brewer, reported sales in the growth markets of Latin America and Africa that missed analysts’ estimates, taking the shine off an improved performance in Europe. read more

London - Global brewer SABMiller [JSE:SAB] showed a 3% rise in underlying beer volumes in the first three months of 2012 as growth in the emerging markets of Latin America, Africa and Asia offset declines in Europe and North America. read more

London - Global brewer SABMiller [JSE:SAB] said its newly-acquired Foster’s business has lost a licence to import and distribute Corona Extra lager in Australia. read more

Sydney - Australia on Friday approved brewer SABMiller's AU$9.9bn takeover of Foster's, but with strict conditions that will see key operations remain in the country.  read more

SABMiller’s A$9.5 billion (R68.4bn) takeover offer for Foster's Group would benefit both companies' earnings and help them cut costs if a deal was completed, Moody's Investors Service said yesterday. read more

London - Investec Securities recommended buying shares in SABMiller [JSE:SAB] on Tuesday as it became one of the first brokers to see the positive in its bid for Australian beermaker Foster’s Group. read more

Foster’s Group on Tuesday rejected a non-binding, conditional proposal from the world’s second-largest brewer, SABMiller . read more

JOHANNESBURG - The SABMiller share price dropped R8.40 or 3.5% to R234.70 hours after the board of Foster’s, the iconic Australian brewer, rejected SABMiller’s A$11.2bn bid. read more