SABMiller Plc (SAB), whose A$9.5 billion ($10.2 billion) offer for Foster’s Group Ltd. (FGL) faces resistance from the Australian brewer, may find its ability to pay more hampered by a paucity of cost savings. (more…)
Bob Pease, COO of the Brewers Association (BA), appeared live this week on Fox Business to discuss the Brewers Association’s efforts in support of legislation that would recalibrate federal excise taxes for America’s small and independent brewers. (more…)
Heineken NV (HEIA) and Google Inc. (GOOG) have agreed to cooperate on digital advertising, including YouTube video and mobile adverts, in a deal that will cover more than 20 international markets, the Financial Times reported. (more…)
Asahi Breweries Ltd. (2502) and Kirin Holdings Co. will jointly distribute some beverages in Tokyo to cut costs and emissions at the nation’s two largest beermakers. (more…)
Anheuser-Busch InBev has lined up a push for Stella Artois in China as it looks to up the presence of its global beer brands in the country. (more…)
Foster’s Group Ltd. (FGL), Australia’s biggest brewer, hasn’t been in contact with SABMiller Plc (SAB) since rejecting a A$9.5 billion ($10 billion) takeover offer from the maker of Peroni and Grolsch last week. (more…)
Tsingtao Brewery Company Limited, China’s largest and the world’s sixth-largest brewer, is building another new plant in China, this time in Jieyang city, Guangdong province, Chinese newspapers reported on Monday. The company and and Guangdong Jieyang City signed an investment agreement on June, 24. (more…)
Global brewing giant SABMiller PLC /quotes/zigman/309144 SBMRY +3.38% said Thursday it will enter the high growth market of specialty beers, where its main competitors Belgian Anheuser-Busch InBev NV (ABI.BT) and Dutch Heineken NV (HEIA.AE) are already active, with a distribution agreement with the Belgian Van Steenberge Brewery. (more…)
A brewery with one location in northeastern Iowa has announced plans to open the state’s largest brewing operation in Coralville next year. (more…)
SeeNews reported that the Romanian unit of SABMiller PLC will open a small brewery in the northwestern city of Cluj-Napoca in a week, following an investment of more than EUR 1.0 million (USD 1.4 million). (more…)
