South African Breweries Swallows Miller

11 July 2002

South African Breweries is now the world’s second-largest brewer, having completed the purchase of Miller Brewing from Philip Morris.

SAB – now known as SABMiller – paid Morris around $3.38 billion (€3.41bn; £2.18bn) in shares and assumed $2bn of debt [WAMN: 31-May-02].

Data sourced from:; additional content by WARC staff