SABMiller share sale to black investors

SABMiller, the brewer behind Pilsner Urquell and Peroni, today said it would sell 10% of its South African arm to black investors in a six billion rand (£472 million) deal as it tries to compensate for discrimination under apartheid.

South Africa's government has forced companies in all sectors to sell stakes to black people. A range of black investors including employees will buy the stakes.