The world's second largest brewer SABMiller plc said on February 3 it had sold its "Just Juice" brand and "Valpre" water brand to The Coca Cola Company for $13 million in cash. "These brands will continue to be distributed in South Africa by SABMiller plc's indirect subsidiary Appletiser South Africa (Proprietary) Limited," SABMiller said in a statement. The transaction is subject to regulatory approval, including approval from local competition authorities.

03 February, 2003