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South African Breweries Completes Acquisition of Miller Brewing  

South African Breweries Plc said it completed the $5.6 billion acquisition of Miller Brewing Co. from Philip Morris Cos. after gaining shareholder approval and regulatory clearances.

The London-based brewer paid the world's biggest tobacco company with 430 million new shares of South African Breweries, which has been renamed SABMiller. The company also assumed $2 billion in debt.

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