SA. SABMiller interims: Jamie Wilson (SABMiller) & Chris Gilmour (Absa Investments)
How SABMiller won back market share after losing Amstel. And a beer that David abhors. (more…)
Kingway Brewery Rises After China Resources Says It Plans Bid
Kingway Brewery Holdings Ltd. (124), the Chinese company that has called for bids for its beer business, rose the most in a month in Hong Kong trading after China Resources (291) Enterprise Ltd. said it plans to make an offer. (more…)
TEXT-S&P summary: Anheuser-Busch InBev N.V./S.A.
The following statement was released by the rating agency (more…)
UK. C&C Group to acquire Gleeson group for EUR12.4M
C&C Group PLC , a manufacturer of branded cider and beer, Thursday announced that it has conditionally agreed to acquire the Gleeson Group, a supplier and distributor of beverages in Ireland, for 12.4 million euros in cash. (more…)
SABMiller bucks a declining UK beer market
SABMiller announces that its UK subsidiary, Miller Brands UK, has delivered another strong period of lager volume growth during its first half year ending 30 September 2012. (more…)
Anheuser-Busch InBev, Modelo deal could pave way for SABMiller ‘mega-merger’
Anheuser-Busch InBev’s US$20.1bn acquisition of Grupo Modelo is a “test case” in seeing how competition authorities would react to a “mega-merger” between the Belgium brewer and SABMiller, according to a new report. (more…)
SABMiller interim results F13: Strong revenue and earnings growth
SABMiller plc, one of the world’s leading brewers with operations and distribution agreements across six continents, reports its interim (unaudited) results for the six months to 30 September 2012. (more…)
US. Boston Beer Company Brewing A Better Return On Investment
Everyone at some point in their life has a turning point on how they perceive politics, business, the economy, and beer. When you are young and funds are tight, cheap beer is generally the pick-me up of choice with a huge return on investment – drop a few dollars on a Millers or a Budweiser and within a few hours you end up feeling like a million dollars (the next day maybe not so much). (more…)
Heineken Sees Boost From ‘Not for Bond’ Tequila Beer Desperados
A beer created in France and flavored by Mexican tequila to appeal to younger drinkers from Russia to Brazil is providing a fillip for Heineken (HEIA) NV as growth slows in more traditional European markets. (more…)
UK. Pubs firm reports lower profits
The UK’s biggest pub landlord was hit by a plunge in beer volumes during the Olympics as punters stayed at home to enjoy the London 2012 Games. (more…)