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CC Amatil: SABMiller key to beer plan, not Foster's

Thu May 21, 2009 10:00pm EDT

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SYDNEY, May 22 (Reuters) - Coca-Cola Amatil (CCL.AX), Australia's top soft-drink bottler, played down talk of a merger with brewer Foster's (FGL.AX) on Friday and said it would pursue its beer strategy through partner SABMiller (SAB.L) instead.

Chief Executive Terry Davis made the comment to reporters after the firm's annual meeting, when asked about long-running speculation that Amatil might be interested in a merger one day with Foster's Group.

Earlier, C-C Amatil said it expects to generate first-half pre-tax profit growth in the high single digits. [ID:nSYU006572]. ($1=A$1.28) (Reporting by Denny Thomas; Editing by Mark Bendeich)



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