NEW YORK (TheStreet) -- SABMiller Plc (SBMRY), the second largest brewer by sales worldwide, is making an "intense" effort to increase its share of the U.S. premium beer market, where it has faced an explosion of local high price craft beers, the Financial Times reports.
CEO Alan Clark told the Times that the company is aiming for a market share "well north" of 20% of the value of U.S. premium beer market from 14% currently.
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