Monthly Archives: January 2016

Thailand&Vietnam. Singha transferred $650 million for purchasing shares of Masan Consumer and Masan Brewery Holdings

Within the framework of the previously signed agreement, on January 28 Singha Asia Holding transferred $650 million of investment for purchasing shares of Masan Group. Of this, $600 million were transferred to pay 14.3% of the shares of Masan Consumer … Continue reading

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PE firm KKR makes full exit from Vietnam’s Masan Consumer

US private equity firm KKR has announced its full exit from Vietnamese portfolio investee Masan Group, in which it invested $359 million in two rounds.

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China. World’s biggest selling beer now in Australia

Snow Beer, the biggest selling beer in the world, is now available to Australian consumers for the first time.

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Diageo feels the pain of China slowdown

The world biggest drinks company is an unlikely victim of the slowdown in the Chinese economy, says Questor. Diageo’s slight rise in sales yesterday was just enough to appease investors who have become impatient after two years of lacklustre performance.

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In 2015, the Chinese retailers increased beer sales by 12.5% to 450.244 billion yuan.

According to Beer Industry Information Network, in 2015 the retail beer market increased by 5.4% and amounted to 51.65 billion litres. In monetary value, the retail sales increased by 12.5% and by the end of 2015 they are estimated at … Continue reading

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Malaysia. Potential 10% hike in alcohol duty by Feb 1

The government is considering increasing the duties on alcoholic beverages before the Chinese New Year. According to a report in Sin Chew Daily yesterday, a 10% hike is expected in the duties for liquor and other alcoholic drinks.

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India. Shares of liquor makers fall as Goa plans to ban alcohol consumption in public places

Shares of liquor makers such as United Spirits and United Breweries fell in a listless trade on Wednesday on news that Goa is planning to ban consumption of alcohol in public places. Analysts said companies will not be impacted by … Continue reading

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AB InBev Will Try to Keep SABMiller’s Stake in China’s Snow Brand

Anheuser-Busch InBev NV will try to defy conventional wisdom and hold on to SABMiller PLC’sChina beer business CR Snow, according to two people familiar with the company’s plan.

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India. Ministry of Corporate Affairs wants to take action against Mallya, other directors for USL fund diversion

The Ministry of Corporate Affairs has sent a notice to United Spirits Ltd, now majority owned by British liquor firm Diageo, asking why action should not be taken against the company, its former directors and officers, which include its chairman … Continue reading

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Russia. Beer production to decrease by only 5.1%, the USAIS “helped” to improve forecasts

According to Rosstat, in 2015 beer production in Russia decreased by 5.1% against 2014. However, in December 2015, beer production in Russia increased by 13% compared to the same period of 2014 and by 23.2% compared to November 2015.

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