S&P lifts SABMiller outlook

Standard & Poor's said it revised the outlook on SABMiller plc to positive from stable.

At the same time, the agency said it affirmed its BBB+ long-term and A-2 short-term corporate credit ratings on the group.

The agency said the outlook revision reflects its view that SABMiller benefits from broader geographic diversity following its acquisition of Foster's Group Ltd.

In addition, S&P said it assesses that SABMiller's exposure to developed and developing markets is now more balanced.

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