SABMiller’s Fosters bid loan totals $12.5 billion
Global brewer SABMiller is raising a $12.5 billion syndicated loan to back its hostile bid for Fosters , banking sources said on Thursday. (more…)
Global brewer SABMiller is raising a $12.5 billion syndicated loan to back its hostile bid for Fosters , banking sources said on Thursday. (more…)
* To buy 100 pct of Independent Liquor from private equity firms
* Asahi aims to hike overseas sales to 2-2.5 trln yen by 2015
* Japanese companies compete with foreign firms for deals
* Asahi president indicates more overseas deals likely
* Asahi shares rise 1.7 pct in broader market down 1.3 pct (Adds details) (more…)
“We brewed the beer that the Czech, the Hungarian, the German and the Slovak drink,” headlines Dziennik Gazeta Prawna writing that 2010 was a record year for Polish breweries. (more…)
SABMiller PLC (SAB.LN), the brewer, Thursday announced that China Resources Snow Breweries Limited, or CR Snow, its joint venture with China Resources Enterprise, has entered into an agreement with China Kweichow Moutai Distillery Co. (more…)
With SABMiller PLC taking the gloves off in a $10 billion hostile offer to buy Australia’s Foster’s Group Ltd., it’s tempting to imagine what might have been for Japan’s Asahi Group Holdings Ltd. (more…)
Danish brewer Carlsberg
The so-called hot market of home consumption has drawn the attention of Greek breweries as the cold market (restaurants and hotels) is expected to shrink even further with the value-added tax increase that is set to come into force on September 1. (more…)
After three years, Karel Kraus, Senior Brand Manager of Pilsner Urquell and Master brands is being promoted to a new position. (more…)
SABMiller Plc (SAB), the world’s second- largest brewer by volume, will take its A$9.5 billion ($10 billion) bid for Foster’s Group Ltd. (FGL) directly to shareholders, going hostile after the board rejected the price as too low. (more…)
While SABMiller Plc (SAB)’s A$4.90 offer for Foster’s Group Ltd. (FGL) is unlikely to win over shareholders, the Peroni maker may not have to go as high as the market anticipated two months ago to win Australia’s biggest brewer. (more…)