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SABMiller

InBev-Miller Deal Signals Tougher Merger Scrutiny In China

The Chinese government used a pair of distinguishing factors in approving Anheuser-Busch In-Bev’s takeover of SABMiller PLC last month that warrant close scrutiny by multinational companies seeking to merge or acquire companies there, practitioners said.

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Anheuser-Busch InBev receives clearance from China’s Ministry of Commerce for the proposed combination with SABMiller

SABMiller has been informed by Anheuser-Busch InBev SA/NV (“AB InBev”) that China’s Ministry of Commerce has given conditional approval of the recommended combination with SABMiller.

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India. Cross-border transfers of intangible assets by foreign entities not taxable: Delhi HC

The landmark verdict was delivered on a challenge made by Foster’s Australia to a May 2008 Authority of Advance Rulings determination deeming the transfer of intangible assets associated with British

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China Resources Beer to raise HK$9.5b in rights issue, as it preps to buy SABMiller’s 49pc stake in Snow Breweries

China Resources Beer, the country’s biggest beer maker, said Wednesday it was planning to raise HK$9.5 billion in what is likely to be one of the largest rights issues in Hong Kong since last year, as it prepares to buy … Continue reading

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Beer Megadeal Said to Be Close to Winning Chinese Approval

Anheuser-Busch InBev NV’s $107 billion acquisition of SABMiller Plc is nearing Chinese approval after the companies agreed to divest the maker of Snow beer, the world’s top-selling brand, according to people familiar with the matter.

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Japan. Asahi Risks European-Sized Hangover

The standard line when it comes to Japanese consumer companies making acquisitions overseas is that they’re trying to escape the demographic decline at home. So what to make of Asahi’s reported interest in eastern Europe?

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Instead of local Sabeco beer, will Vietnamese choose beer from Thailand?

Vietnamese, from economists to housewives, now are talking about the presence of Thai manufacturers in nearly all business fields. Thai products have been flooding the Vietnamese market, from footwear to toothpaste, from electric household-use appliances to cosmetics.

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VBL’s Leo Evers bets on Vietnam’s beer culture and growing economy

Vietnam’s guzzling more beer than ever as the economy accelerates and the population gets younger. Vietnam Brewery Limited (VBL) wants to ensure the pint glasses don’t stay empty.

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India. Move over draught, brew masters are creating craft beer infused with desi flavours and ingredients

Citrusy, light-bodied with a hint of sweet. That’s Beteljuice for you, a beer infused with paan and lemongrass. For those who like to venture on the dark side, there’s the roasty Kaapi stout, which marries malt with coffee beans. To … Continue reading

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India. Maharashtra alcohol makers to slash output

Brewers and distillers in the Aurangabad belt of Maharashtra are expected to slash production, in the wake of the Bench of the high court directing the state government to impose a 60 per cent water cut on them between April … Continue reading

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