Miller Lite is one of SABMiller's best known brands
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Brewing giant SABMiller is to buy Colombian brewer Grupo Empresarial Bavaria in a $7.8bn (£4.5bn) deal.
The world's second-largest brewer, known for brands such as Miller Lite, will take a 71.8% stake in Bavaria.
The deal is set to give SABMiller a strong position in the South American market, where Bavaria is the second largest brewer.
Bavaria's brands include Aguila, Cristal and Pilsener, and last year its sales were more than $1.9bn.
The company is controlled by billionaire Julio Santo Domingo and his family.
The total deal includes $4.8bn of equity, plus debt and minority interests.
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