|
 |
| 1-4
September, 2006 Pragati Maidan, New Delhi, India |
 |
|
|
InBev may bid for Mohan Meakins` beer business
Inbev, the world’s largest brewer by volume, is considering a bid for Mohan Meakins’ (MML) beer business even as the last date to submit bids called by the promoter family has been extended.
The initial deadline for bids was December 19. No bids have been submitted till now, even though SABMiller is likely to be the most aggressive bidder with Asia-Pacific Breweries (APB), the Singapore arm of Heineken, being the other contender in the race.
Carlsberg, another brewer that showed interest, has reportedly withdrawn from the race.
If InBev goes ahead with the bid, it may queer the pitch for both SABMiller and APB. Incidentally, InBev has been in negotiations with one of India’s largest soft drink bottler, Ravi Jaipuria, for a joint venture to foray into the domestic market. Mr Jaipuria has already sealed a deal for bottling InBev’s Beck’s beer in his Mauritius brewery. The alliance for the Indian market is said to be in the final stages of making.
Date: 03-Feb-2006
Back
|
|
 |
|
|
|
 |
