InBev may bid for Mohan Meakins' beer business.
Economic Times (New Delhi, India), December, 2005
Byline: Boby Kurian
Dec. 21--BANGALORE, India -- Inbev, the world's largest brewer by volume, is considering a bid for Mohan Meakins' (MML) beer business even as the last date to submit bids called by the promoter family has been extended to December 23.
The initial deadline for bids was December 19. No bids have been submitted till now, even though SABMiller is likely to be the most aggressive bidder with Asia-Pacific Breweries (APB), the Singapore arm of Heineken, being the other contender in the race.
Carlsberg, another brewer that showed interest, has reportedly withdrawn from the race. When contacted, PricewaterhouseCoopers (PwC), which is involved with the restructuring of Mohan Meakins, refused to comment.
If InBev goes ahead...
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