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Drawn-out affair expected for SABMiller-Foster deal
In the absence of any other bidders, SABMiller’s bid for Foster’s is expected to take months to resolve, as it tries for a better deal from SABMiller.
Sonali Paul
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Australia blocks Pick n Pay’s exit strategy
Australia’s competition watchdog has stopped South African grocer Pick n Pay’s sale of Franklins supermarket chain, to prevent creating a monopoly.
