Molson Coors unveils iced-tea-flavored Coors Light
Good news, refreshment seekers: The days of having to pour iced tea into your Coors Light are over. (more…)
SABMiller Loses to Kingfisher in Battle Over India’s Beer Market: Retail
Indians sip only two liters of beer a year, just one-twentieth the amount consumed by Chinese and less than one-fortieth by Americans. SABMiller Plc (SAB), Anheuser- Busch InBev NV (ABI) and Carlsberg A/S (CARLB) see that as an opportunity. (more…)
Asahi seen as frontrunner to buy StarBev -sources
* Japan brewer tipped to buy east European beermaker StarBev
* Sale of CVC’s StarBev could come within two weeks
* StarBev sale could raise about $3 bln for CVC Capital (more…)
Forbes Earnings Preview: Anheuser-Busch InBev
In the month leading up to the Anheuser-Busch InBev’s (BUD) third quarter earnings announcement slated for Thursday, March 8, 2012, expectations have risen for the upcoming results. (more…)
Anheuser-Busch Test Markets Margarita-Flavored Beer
Apparently the new malt beverage is to be called Lima-A-Rita. AB-InBev received labeling permission for the 6-percent-alcohol brew in January. (more…)
Uganda. Beer sector leaps in profits as economy soldiers on
EABL’s half-year results for the period up to December 31 2011 show that the Uganda section had the highest growth in beer consumption capacity with top-line revenue growth of 43 per cent. (more…)
SABMiller and Anadolu Efes Announce Closing Steps Of Strategic Alliance
SABMiller plc., Anadolu Group (Anadolu End?stri Holding A.?., Yaz?c?lar Holding A.?. and ?zilhan S?nai Yat?r?m A.?.), and Anadolu Efes (Anadolu Efes Birac?l?k ve Malt Sanayii A.?.) today announce completion of the transfer of SABMiller’s Russian and Ukrainian beer businesses in the context of their strategic alliance for Turkey, Russia, the CIS, Central Asia and the Middle East, which was originally announced on 19 October 2011. (more…)
Heineken N.V. assigned solid investment grade credit ratings by Moody’s and S&P
Heineken N.V. today announced that it has been assigned solid investment grade credit ratings by the world’s two leading credit agencies, Moody’s Investor Service and Standard & Poor’s. Both long-term credit ratings, Baa1 and BBB+, respectively, have ‘stable’ outlooks (more…)
World beer market 2011 growth picks up to 2.7 percent: report
Growth in the world beer market picked up to reach 2.7 percent in 2011 as growth continued to strengthen driven by emerging markets, and is predicted to grow at 2.5 percent this year, industry research group Plato Logic said on Wednesday. (more…)
Korea. Sales of imported premium beer swell
Local brewers expand imports of Japanese beers to raise profitability (more…)