State-owned Ha Noi Beer and Beverage Corp (Habeco), the largest brewery group in northern Vietnam with a market share of 80%, last weekend reportedly opened a new brewery in the northern port city of Hai Phong. The new $23 million plant is said to have a production capacity of 50,000,000l of beer per year. (more…)
SABMiller’s bid for Foster’s Group is expected to take months to resolve, in the absence of any other bidders emerging, as Foster’s tries to get the world no.2 brewer to sweeten its $10 billion offer, investors and analysts said. (more…)
Although it may not be the most conservative approach to investing in dividend stocks, some investors, perhaps younger ones, might consider diversifying their holdings into emerging markets like Brazil. (more…)
Molson Coors Brewing Co. and Cobra India have joined forces to brew and market Cobra beer in South Asia, an arrangement that will give the brewer a foothold in the fast-growing Asian beer market. (more…)
A group of legislators has requested that Wisconsin Gov. Scott Walker veto a provision in the state budget that would ban beer brewers from owning distributorships and taverns in the state. (more…)
SABMiller would use Foster’s to launch super-premium beer brands in Australia to unlock tens of millions of sales dollars if its bid for the brewer succeeds, industry experts say. (more…)
SHAREMARKET traders pushed Foster’s share price up another 1 per cent yesterday in anticipation of a bid bump from London-based SABMiller, but with the shares now 30 cents above the London-based group’s initial $4.90 a share proposal, caution is needed. (more…)
The American Brewers Association (BA) said it shared the news on Monday that the Senate Small Brewers Caucus has been established. The formation of the Caucus was led by two Senators, who support the role of America’s small and independent brewers as “an engine of economic growth in the country”. (more…)
Another Australian icon is being stalked by foreign predators and small local players are worried they could be caught in the crossfire. (more…)
In building SABMiller Plc (SAB) from Africa’s biggest brewer to the world’s second-largest by volume, Chief Executive Officer Graham Mackay has earned a reputation for not paying too much for purchases. His desire to snare Foster’s Group Ltd. (FGL) will test that discipline. (more…)
