AB InBev announces pricing of 1.65 billion USD of Notes

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Anheuser-Busch InBev Announces Pricing of 1.65 billion USD of Notes, Consisting of 650 million USD Floating Rate Notes due 2014, 500 million USD 2.875% Notes due 2016 and 500 million USD 4.375% Notes due 2021 (more…)

Molson Coors Makes New Appointments

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Molson Coors has announced that Bill Waters, 42, has been named the Company’s new Chief Corporate Strategy Officer, reporting to Kandy Anand, President of Molson Coors International (MCI). Waters has been with Molson Coors for nearly twenty years serving in various senior roles across the finance team including CFO of Coors Brewing Company, Vice President of Finance for MCI, as well as other roles in corporate planning and commercial finance. (more…)

John Lovering to step down at Mitchells & Butlers

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UK pub group Mitchells & Butlers has announced that chairman John Lovering is to step down later this year. The company has begun its search for a successor. Lovering will remain as chairman and director until the process is complete. (more…)

AUS: Foster’s Group shares jump on SABMiller talk

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SABMiller moving closer to Foster’s Group beer bid – report
Foster’s Group’s share price has spiked following fresh reports that SABMiller is working on a takeover offer for its Australian beer business, Carlton & United Breweries. (more…)

RPT-Kirin to set up China drinks JV with China Resources

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Japanese brewer Kirin Holdings (2503.T) said on Monday it has agreed to establish a joint venture with China’s top beer maker China Resources Enterprise (0291.HK), to produce and distribute beverages in the country. (more…)

Czech Republic: Budweiser Budvar announces record high in last year’s beer exports

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Budweiser Budvar has exported a total of 604,791 hectoliters of beer, in 58 countries around the world, representing an annual increase of 4.3%, the state-owned brewery said on Thursday. The exported beer volume was the highest during the 115 year history of the brewery. This result is very remarkable regarding the overall market situation. According to the Czech Beer and Malt Association total beer exports from the Czech Republic declined by 12% in 2010. Budweiser Budvar last year significantly strengthened its position as a leading exporter, it said. (more…)