London - SABMiller, the brewer that’s in takeover talks with Anheuser-Busch InBev, said volume growth accelerated in the second quarter, helped by Africa and Latin America.
Shipments rose 2 percent in the three months through September, the company said Tuesday in a statement, while volume was unchanged in the first quarter. The company said it advanced its trading statement because of the negotiations.
“We continued to drive strong growth in Africa and Latin America, applying our deep local expertise to markets with favorable long-term structural growth dynamics,” SABMiller CEO Alan Clark said in the statement.
Since AB InBev’s intention to pursue a takeover of SABMiller was disclosed on September 16, there has been informal contact between the companies, two people familiar with the matter have told Bloomberg News.
Any deal could value the smaller, London-listed brewer at more than $100 billion, according to analysts’ estimates.
BLOOMBERG