SAB: punch drunk?

Andre Parker, SAB Miller''s MD for Asia mulls over the consequences of losing to Anheuser Bush.

How do you feel about losing the fight for Harbin Brewery

Parker Obviously not to too happy, although the $124 million profit from the sale helps And we still have our 49% JV with China Resources Enterprise, China Resources Brewery, with whom we've been allied for ten years. It's not always an easy relationship as we have to take decisions based on a consensus. But their chairman sits on our board in London and we've built up a very strong working relationship and more than enough volume - 11% market share - for further expansion. HB would have been nice, but we're still looking at further acquisitions.

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