[5] In December 2011, American multinational SABMiller acquired Foster's Group, and took over ownership of Carlton & United Breweries as part of the acquisition.

[10] In July 2019, Asahi Breweries agreed to purchase CUB, with the Australian Competition & Consumer Commission and Foreign Investment Review Board approving the deal in May 2020.

In 1983, CUB was wholly bought by Elders IXL, a giant Australian diversified conglomerate with pastoral, financial, materials, and food interests.

CUB Management decided to close the Broadway site in 2003, with one of the reasons given being that it was a "large island of industry stranded in Sydney's central residential revival" that was happening in nearby Chippendale.

[19] SABMiller, CUB's global owner, responded to criticisms from the union movement that its action was not illegal as it has no direct contractual relationship with the maintenance crews that were laid off.

Rather, it has a contractual relationship with one subcontractor and the action constitutes the "passing" of a contract to another, which has the prerogative to set pay and conditions of workers at its own discretion.

The decision generated considerable poor publicity for CUB, with a widespread social media campaign as well as union efforts to highlight the workers' plight, who argue the brewer has conducted a "transmission of business"[20] manoeuvre.