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SABMiller passes Diageo as No 1 drinks company

The Times

20 November 2009

In: Industry news

SABMiller surpassed Diageo as the largest UK drinks company by market value for the first time yesterday, The Times reports, as its share price rose 3.4% to £17.14.

Shares in the brewer of Miller and Grolsch soared after it announced that its first-half profits rose 6 per cent to $1.92bn (£1.15bn) yesterday.

Read more on timesonline.co.uk.

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