1st Nov 2015 12:27
LONDON (Alliance News) - Irish drinks company C&C Group PLC is understood to be running the rule over acquiring assets likely to be sold should the merger of beer giants Anheuser-Busch InBev NV and SABMiller PLC go through, The Sunday Times reported.
C&C, which mainly focuses on cider brands like Magners, Bulmers and Gaymers, is thought to be considering bidding for the Bass and Boddington's beer brands, both of which are currently owned by AB InBev and which would likely go for around GBP30.0 million apiece, City sources told the paper.
C&C, which is known to be seeking to bulk up its portfolio in England and Wales, is also understood to have made enquiries about buying the UK business of Carlsberg, the Danish brewer.
http://www.thesundaytimes.co.uk/sto/business/Companies/article1626786.ece
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
C&C GroupSAB.L