Price hikes spell AB InBev Q3 hit, Carlsberg miss

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Anheuser-Busch InBev (ABI.BR) and Carlsberg (CARLb.CO) showed sharply contrasting fortunes in the third quarter, the former persuading U.S. and Brazilian beer drinkers to swallow higher prices while the latter suffers a tax-rise hangover in Russia. (more…)

Premium Chinese beer a bitter brew for foreign brands

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Chinese brewers are making an aggressive push into premium beer, lured by high margins and huge growth potential, posing a tough challenge to the foreign companies that dominate the category in the world’s largest beer market. (more…)

Heineken acquires Galaxy Pub Estate in UK

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Heineken N.V. announced today that it has acquired the Galaxy Pub Estate (‘Galaxy’) in the U.K. from The Royal Bank of Scotland (‘RBS’) for ?412 million (€480 million) on a cash-and-debt-free basis. (more…)

Carlsberg to cut up to 150 jobs in Europe

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* Brewer says to cut up to 150 jobs
* Says challenging and uncertain markets ahead
* Says maintains long-term ambition for profitable growth (Adds details, comments, share price) (more…)