BNET Industries
Last Fiscal Year Sales:$1.0B
- Private
- US
Dow Jones Description
Mfr. of Cigarettes
Number of Employees 6,000
Peer Companies
NAICS Code Tobacco and Tobacco Product Merchant Wholesalers: 424940
Recent Events
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Former Smoker Wins Case Against Philip Morris
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BUYINS.NET: Discovery Laboratories DSCO Daily Short Sale Trading Volume Through 11-17-09. Over 56 Million Shares...
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BUYINS.NET: REGN, EGLE, VG, SSS, DSCO, SRDX Expected To Be Lower After Earnings Releases on...
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ATVI, FLEX, BRCM, DSCO, ONNN, AMLN With Highest Daily Short Volume On NASDAQ Tuesday
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The Bloom Is Off the Rose for Tobacco Claims
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BUYINS.NET: FITB, NVDA, YHOO, NWSA, DSCO, EBAY With Highest Daily Short Volume On NASDAQ Friday
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Altria to Expand Snus Test
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Kansas City-area residents sue Philip Morris USA
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Senate Passes Tobacco Measure
News & Analysis
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philip morris usa and sabmiller plc. - All News and Analysis
The Investment Column: Merged SABMiller is a brew to be avoided
- 2002-07-10
SAY GOODBYE to South African Breweries and raise a glass instead to SABMiller. That is the new name for the South African brewing group which completed its pounds 3.6bn takeover of Miller Brewing of the United States yesterday. It has proved a controversial deal with the companies' shares initially racing...
Philip Morris Companies Inc. Announces Closing of SABMiller plc Transaction
- 2002-07-09
Business Editors Philip Morris Companies Inc. (NYSE:MO) announced today that the transaction announced on May 30, 2002, to merge Miller Brewing Company into South African Breweries plc, forming the world's second-largest brewer, SABMiller plc, has closed. Philip Morris Companies Inc. received 430,000,000 shares in SABMiller plc valued at...
Miller to get new lease on life a SABMiller - South African Breweries to acquire Miller Brewing Co - Brief Article
- 2002-06-10
Miller Brewing Co.'s purchase by a London-based beer maker could reinvigorate the No. 2 U.S. brewer as it steps out of the shadow of tobacco giant Philip Morris Cos., analysts say. South African Breweries said it is buying Miller from Philip Morris for $3.6 billion in stock. Miller will...
SAB chief tours Miller after deal is announced - South African Breweries's CEO Graham Mackay - Brief Article
- 2002-06-10
A London-based company's purchase of Miller Brewing Co. likely will strengthen Wisconsin's beer making heritage, not dilute it, Miller's CEO said last week. South African Breweries has announced it is buying Miller from Philip Morris Cos. for $3.6 billion in stock. Under the buyout, Miller would be renamed SABMiller...
Miller Deal Felt Right for South African Breweries.
- 2002-06-03
By Tom Daykin, Milwaukee Journal Sentinel Knight Ridder/Tribune Business News Jun. 3--The $5.6 billion sale of Miller Brewing Co. to South African Breweries PLC came 14 months after the chief executive officers of both companies sat down over dinner and chatted about consolidation ...
Milwaukee Journal Sentinel Avrum D. Lank Column.
- 2002-06-02
By Avrum D. Lank, Milwaukee Journal Sentinel Knight Ridder/Tribune Business News Jun. 2--South African Breweries certainly can afford to buy Miller Brewing -- it is putting no cash into the deal. To land a major foothold in the rich North American...
SAB Miller becomes second-largest Brewer. (Industry Issues).(merger of South African Breweries with Miller Brewing)(Brief Article)
- 2002-06-01
Thanks to a $5.6-billion deal with Miller Brewing Co.'s parent company Philip Morris Cos. Inc., South African Breweries plc is set to become the world's second-largest brewer, with expected revenues of $9.3 billion for the fiscal year ended March 31, 2002. Speculation on the...
Miller Brewing Co. to Be Acquired by South African Breweries.
- 2002-05-31
By Ameet Sachdev, Chicago Tribune Knight Ridder/Tribune Business News May 31--A new beer import has arrived in Milwaukee. South African Breweries Plc said on Thursday it will acquire Miller Brewing Co. from its parent Philip Morris Cos. for $5.6 billion, ...
Philip Morris Companies Inc. to Host Webcast On SABMiller plc
- 2002-05-30
Business Editors NEW YORK--BUSINESS WIRE--May 30, 2002 Philip Morris Companies Inc. (NYSE: MO) will host a live audio webcast at www.philipmorris.com on Thursday, May 30, 2002, at 8:00 a.m. ET to discuss the merger of Miller Brewing Company into South African Breweries plc. A press release announcing the...
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