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Trouble brewing for SABMiller?

  • The brewer is warning it will continue to face foreign exchange volatility, after posting an 8% fall in full year revenue.
  • However, the maker of Miller Lite and Castle Lager saw beer volumes rise 2%, thanks to strong sales in Africa and Latin America.
  • Separately, Asahi (OTCPK:ASBRY) has also ruled out bidding for certain SABMiller (OTCPK:SBMRY) assets amid its mega merger with AB Inbev.

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