date:Jan 23, 2013
Brewing giant SABMiller plc (SAB) announced on Monday that its subsidiary in Panama Cervecera Nacional S.A. has agreed to sell its milk and juice business to La Cooperativa de Productores de Leche Dos Pinos R.L. (Dos Pinos) for a total cash consideration of US$86.0m.
Fernando Zavala President of Cervecera Nacional S.A. commented: The milk and juice business is a legacy asset from the Bavaria transaction. The divestment will allow us to simplify our business processes and focus on beer and carbo