Foster’s Group (FGL.AX), Australia’s largest brewer, pushed ahead on Tuesday with plans to split its beer and wine businesses, but it risked dampening bidder appetite for either unit by also reporting soft first-half profits. (more…)
Anheuser-Bush InBev has begun converting US$8bn of its debt to freely tradable notes. (more…)
The Coffer Peach Business Tracker, which monitors sales performance across 18 major pub and restaurant operators, including Mitchells & Butlers, Whitbread, Pizza Hut, Punch Pub Co, Gondola and Tragus, reported like-for-like sales up 10.7% in January on last year. Total sales, including new openings, were up 11.4%. (more…)
Pinsent Masons and TLT Solicitors have been toasting their success after winning mandates on the ?20m sale of Cornwall-based Sharp’s Brewery to Molson Coors. (more…)
Roughly 2.38 billion litres of beer was consumed in 2010, an increase of 19.8 per cent compared with 2009. Domestic beer consumption in 2011 is expected to reach 2.8 billion litres, according to Ministry of Industry and Trade (MoIT). (more…)
The “under siege” board at Foster’s Group must divulge the potential uplifts in profit to be achieved by separating its beer and wine businesses, in the expected formalisation of its demerger plans tomorrow, according to analysts. (more…)
O’Fallon Brewery is looking for investors to buy a stake in the business. (more…)
Monthly sales of Asahi Breweries in January 2011 (more…)
TOKYO (Nikkei)–Shipments of beer and beer-like beverages rose 13% on the year to 21.96 million cases in January, marking the first double-digit monthly increase in 23 months (more…)
A Vermont brewery is giving new meaning to the idea of green beer. (more…)
