Posted on 12/08/06
Sleeman agrees to $300-million takeover bid from Sapporo
Sleeman Breweries Ltd., Canada's third-largest beer maker, has accepted a $300-million takeover offer from Japan's Sapporo Breweries Ltd.Sapporo's cash bid values the Guelph, Ont., company at $17.50 a share, an 18-per-cent premium on yesterday's closing price of $14.83.
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