A SABMiller director has invested £164,766 in the beverages giant today, the same day it completed the acquisition of Australian brewer Foster's.
Geoffrey Bible, who joined the board of SABMiller in 2002 after the completion of the Miller Brewing Company transaction, acquired some 7,600 ordinary shares today at a price of 2,167.97p per share. He is currently part of the nomination committee on the board.
SABMiller announced this morning that it had completed the acquisition of all of the shares in Foster's following the implementation of the Scheme of Arrangement on Friday.
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The transaction consideration will be paid to Foster's shareholders by Wednesday 21 December, it said.
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The deal is worth £6.5bn and will see the owner of Grolsch and Coors Light get its hands on Foster's lager as well as the famous VB and Carlton Draught brands.
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