Morris (Philip) Companies Inc
5 April 2002
( BW)(PHILIP-MORRIS)(MO) Statement By Philip Morris Companies Inc.
NEW YORK--(BUSINESS WIRE)--April 5, 2002--Yesterday, South African
Breweries plc issued the following statement:
- As part of its strategic development, South African Breweries
plc is in discussions with a number of third parties regarding
the ongoing consolidation of the beer industry. In response to
recent press speculation, South African Breweries plc confirms
that it is in discussions with Philip Morris Companies Inc.
regarding a potential transaction involving Miller Brewing
Company. These discussions are at a preliminary stage and no
conclusions have been reached.
- There is no certainty that these discussions will lead to any
agreement and a further announcement will be made only if they
We confirm that we are in discussions with South African Breweries
regarding a potential transaction involving Miller Brewing Company. We
plan to make no further comment.
CONTACT: Philip Morris Companies Inc., New York
David Tovar, 917/663-2144
This information is provided by RNS
The company news service from the London Stock Exchange