Global brewer under tax lens

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Multinational brewer SABMiller will come under the close scrutiny of tax authorities in five African countries, including South Africa, next month. (more…)

SABMiller’s Wyman to retire, spotlight on CEO

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Global brewer SABMiller Plc said its Chief Financial Officer Malcolm Wyman would retire at end-August to be replaced by internal candidate James Wilson, which is likely to throw the spotlight on when Chief Executive Graham Mackay decides to retire. (more…)

US. Brewers Supply Group acquires Crosby and Baker

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Brewers Supply Group (BSG), the industry leader in distribution of brewing ingredients to the North American Craft Brewing Industry, has acquired one of its competitors, Crosby and Baker Ltd. The deal becomes effective on May 1, 2011. (more…)

Foster’s demerger of Treasury Wine Estates approved by shareholders

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Foster’s Group Limited announced that Foster’s shareholders approved the demerger of Treasury Wine Estates Limited on Friday. Foster’s will now seek orders from the Supreme Court of Victoria for approval of the scheme of arrangement to effect the demerger at a hearing scheduled for Wednesday, 4 May 2011. (more…)