Foster’s board unanimously recommends shareholders reject SABMiller’s offer
Foster’s board unanimously recommended its shareholders to reject SABMiller’s offer, the company said in a statement on Monday. (more…)
Australia. Foster’s believes the sales will flow
FOSTER’S chief John Pollaers has hit back at claims the company is losing beer market share and playing into the hands of takeover predator SABMiller. (more…)
Amstel Introduces Amstel Wheat, The First New Product Introduction in the U.S. in More Than 10 Years
Today Amstel Light, a leading imported light beer from Amsterdam, officially launched Amstel Wheat Bier, an authentic European wheat beer brewed with Amstel’s signature craftsmanship and a brewing tradition that began over 140 years ago, to the U.S. market. (more…)
Beer drinkers leave established beer brands for microbrews
For decades they beers made by Miller and Coors were ranked as favorites across the country, and now sales for those same brands are falling. (more…)
United Breweries launched Heineken in India
Heineken, the global beer brand has been launched in India by United Breweries. United Breweries announced the launch of locally brewed and bottled Heineken®beer from their brewery in Taloja, near Mumbai. (more…)
Heineken launches 2011/2012 UEFA Champions League campaign
Premium international beer brand Heineken® today announced the launch of its new campaign for the forthcoming 2011/12 UEFA Champions League season, titled ‘Legendary Football’. (more…)
Beer de Luxe. Gourmet glasses for gourmet beers
Beers aged in port wine barrels, stouts, champagne beers and historical recipes roused from their slumbers – more and more brewers and beer connoisseurs are discovering their love of gourmet beers. (more…)
SABMiller invests further into Chinese beer market
Global brewer SABMiller (SAB.L) is expanding further in the world’s biggest beer market with its Chinese joint venture agreeing to pay around $42 million on Thursday for an investment in a brewer in the southern Chinese province of Guizhou. (more…)
Foster’s Affirms Rejection of SABMiller’s $9.6 Billion Bid as ‘Inadequate’
Foster’s Group Ltd. (FGL), Australia’s biggest brewer, affirmed its opposition to SABMiller Plc (SAB)’s hostile takeover bid after the cash offer was cut to A$9.25 billion ($9.6 billion) on dividends paid. (more…)
India. United Breweries to set up two greenfield breweries
United Breweries is setting up two greenfield breweries — one in Mysore and the other in Patna — and also proposes to add capacity to several of its existing breweries . “Investments for new breweries are in the range of Rs 150 crore per brewery and the total investment for the year is around Rs 500 crore,” Mr Cedric Vaz, Executive Vice-President – Marketing, told Business Line. (more…)