M&A in beer industry
Oct 11 China Resources Beer Holdings Co Ltd : * announces completion of acquisition of 49% of total issued share capital of china resources snow breweries
Asahi Group Holdings plans to offer more than 500 billion yen ($4.87 billion) for British brewer SABMiller’s beer operations in five Eastern European countries, aiming to firm up its footing on the Continent amid a slew of global market shifts.
Estimated total deal value is $2.9B. With Vietnam’s government proposing to sell off Saigon Beer, Alcohol, Beverage Corporation (Sabeco) and Hanoi Alcohol Beer & Beverages Corp (Habeco) for an estimated total of US$2.2b (S$2.9b), various media outlets have revealed that … Continue reading
Vietnam has given the green light for the country’s biggest brewer, Sabeco, to list shares in Ho Chi Minh by December as part of a long-awaited privatisation set to offer investors a slug of Asia’s third-biggest beer market after China … Continue reading
Shares of United Breweries Ltd surged nearly 6 percent today after Heineken International BV increased its stake in the company by buying shares worth Rs 152 crore. The scrip rose 5.91 percent to end at Rs 877 on BSE. During … Continue reading
Carlsberg Group ranks fifth by the sales volumes in China. The company is referred to as King of the West as it owns the “controlling stake” of the beer market on huge but sparsely-populated territories of the Western China.
On the Chinese market the world giant is represented by subdivision Anheuser-Busch InBev China Co., Ltd. which controls the activity of 16 subsidiaries and joint ventures. They are responsible for beer production and distribution throughout the country managing nearly 50 … Continue reading
AB InBev’s president for India and South Asia, Pedro Aidar, on making Budweiser a viable business in India, and leveraging the SABMiller merger for growth.
China Resources Beer Holdings Co., maker of the world’s most popular beer, is considering a bid for SABMiller Plc’s central and eastern European assets, valued at about $6 billion, according to people familiar with the matter.
Two of the 12 state-owned enterprises (SOEs) to be sold by 2017, as instructed by Prime Minister Nguyen Xuan Phuc, are Sabeco and Habeco, the two largest breweries in Vietnam. The state holds a 89.59 percent and 81.79 percent stake, … Continue reading