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…)
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…)
Carlsberg and the Premier League have agreed a new three year deal for Carlsberg to be the Official Beer Partner of the Barclays Premier League. The deal will run for three seasons from 2013/14 until the end of the 2015/16 season. (more…)
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…)
New Belgium Brewing has contracted Adolfson & Peterson Construction (A&P) to build the brewery’s East Coast brewing facility in Asheville, North Carolina, US. (more…)
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 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…)
LEADING wine company Casella, of mega-brand Yellow Tail fame, will look to Australian beer drinkers to return it to the right side of the accounts ledger after posting its first-ever loss in the last financial year. (more…)
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…)
Investors thirsty for high-grade bonds had ample opportunity Monday from Anheuser-Busch InBev NV (BUD) and four other borrowers. (more…)
