Monday, October 03, 2011

Diageo wins bid to buy Ethiopia's last state brewery

(Oct 3, ADDIS ABABA, (Reuters)--Diageo , the world's biggest spirits group, has won a bid to buy Ethiopia's last-remaining state brewery for $225 million, an official said on Monday.

The giant brewer outbid Heineken , SAB Miller and local group Dashen to purchase Meta Abo, said Wondafrash Asefa, spokesman for the (Ethiopian) Privatisation and Public Enterprise Supervising Agency. Read More from Reuters »

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