Fitch rates Anheuser-Busch InBev’s USD4bn issues at ‘A’

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Fitch Ratings has assigned Anheuser Busch InBev’s (ABI) subsidiary Anheuser Busch InBev Finance Inc.’s (ABIFI) USD4bn bond issue a senior unsecured rating of ‘A’ which is in line with ABI’s Issuer Default Rating (IDR) of ‘A’ with a Stable Outlook. (more…)

AB InBev Said to Bar Modelo Plant Sale in Takeover Bid

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Anheuser-Busch InBev NV (ABI), the world’s biggest brewer, is unwilling to sell Grupo Modelo SAB’s newest state-of-the-art beer bottling plant as a concession to win U.S. approval of its $20.1 billion takeover of the Mexican company, two people familiar with the matter said. (more…)

Molson Coors acquires Irish craft brewery

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The North American-based Molson Coors Brewing Company through its Molson Coors UK & Ireland has acquired the Franciscan Well craft beer brand and micro-brewery in Cork City, Ireland, for an undisclosed sum. (more…)

Czech Budvar wins Budweiser trademark in United Kingdom

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Czech brewery Budejovicky Budvar said a British court rejected Anheuser-Busch InBev’s request to secure exclusive rights to the Budweiser trademark, the latest ruling in its long-running legal battle with the world’s biggest brewer. (more…)

Asahi held top spot in domestic beer shipments

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Asahi Group Holdings Ltd. (2502.TO) maintained its No. 1 position in the Japanese beer market in terms of the number of cases shipped in 2012 for the third consecutive year, according to data released Wednesday by brewers. (more…)

Alaskan Brewing Repurposes Spent Grain as Fuel Source

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The Alaskan Brewing Company is now operating with a new fuel source: beer. More specifically, they are using the wet grain known as “spent grain,” left over from the brewing process, as the sole fuel source for their steam boiler. Alaskan is the first craft brewery in the world to use this brewing by-product in this way, reducing the company’s fuel oil consumption in brewhouse operations by 60-70 percent. (more…)