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* Sri Lanka's Carson group to buy Cargills' Millers Brewery
Sat, Jun 21, 2014, 12:32 am SL Time, ColomboPage News Desk, Sri Lanka.

June 20, Colombo: Sri Lanka's Carson Cumberbatch group which owns Lion Brewery said it has agreed to buy Millers Brewery, from Cargills Ceylon Plc.

Lion Brewery, a wholly owned subsidiary of Carson Cumberbatch and Pearl Springs, a subsidiary of Lion Brewery have entered into a sales and purchase agreement with Cargill's PLC to purchase its subsidiary Millers Brewery for Rs. 5.15 billion.

Carsons Cumberbatch said in a stock market disclosure today that the deal is subject to due diligence and settlement of all liabilities by the Millers Brewery.

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