SABMiller Places $700M In Shares Of S. African Hotel Co.

By Zachary Zagger (July 18, 2014, 5:31 PM EDT) -- Global brewer SABMiller PLC is going through with plans to unload its more than $1 billion stake in South African hotel and casino group Tsogo Sun Holdings Ltd., selling 7.6 billion rand ($714 million) worth of shares to investors on Friday as the company divests itself of a noncore asset....

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