Foster’s loses ground to rivals in packaged beer segment

  • Reading time:3 min(s) read

FOSTER’S continued to surrender market share in the crucial packaged beer segment in the July quarter, a development that is likely to strengthen suitor SABMiller’s hand in the $9.5 billion takeover battle between the two companies.
As Foster’s robustly defended its reporting practices before the Takeovers Panel yesterday, figures from market researcher Neilsen showed that CUB’s share of the local packaged beer market declined over the three months to the end of July. (more…)

SABMiller seeks official review of Foster’s accounts

  • Reading time:3 min(s) read

* Claims statements by Foster’s were “misleading and deceptive”
* SABMiller says net debt figures don’t meet Australian standards
* Panel to review application to be established on Monday
* SABMiller trying everything it can to keep down price-analyst (more…)

Belgian beer weekend fetes specialty brews

  • Reading time:3 min(s) read

Microbreweries have rapidly gained popularity in recent years across the globe, but Belgium has been producing specialty and strong beers for centuries. (more…)

Radegast will introduce practical 1.5 litre plastic bottle

  • Reading time:3 min(s) read

The best-selling Moravian beer will be available in new packaging from August 30. Among beer lovers, more and more preferred plastic bottles will be added to traditional glass bottles and cans. A new 1.5 litre bottle of light draft beer Radegast Original will find its use especially during nature trips. Here, they prove their unique quality by their ability to better preserve the beer temperature and their resistance against breaking. (more…)