BGI completed the acquisition of a 8.75% stake in SABC for $137m.

Brasseries et glacières Internationales, a brewery group, completed the acquisition of a 8.75% stake in Société Anonyme des Brasseries du Cameroun, a brewer, for $137m. The purpose of this buyback operation is to delist SABC's shares from Euronext Paris. “Very few transactions in SABC shares take place on the regulated market of Euronext in Paris, and it has been that way for several years. Maintaining the listing of SABC’s shares is therefore no longer considered as an element likely to ensure better financing conditions but, on the contrary, constitutes a source of additional costs,” the draft information note to which the Ecofin Agency has had access to indicates.