SNIPL, UBL receive merger approval
The Competition Commission of India (CCI) has cleared the proposed integration of Scottish & Newcastle India (SNIPL), owned by Heineken Group, with Vijay Mallya-led liquor business United Breweries (UBL). (more…)
Heineken N.V. successfully issues EUR 1.35 billion of Notes
Heineken N.V. today announced that it has successfully placed EUR 1.35 billion of Notes, consisting of 7-year Notes for a principal amount of EUR 850 million with a coupon of 2.5% and 12-year Notes for a principal amount of EUR 500 million with a coupon of 3.5%. (more…)
SABMiller Says Modelo, Heineken Thwart Mexico Beer Choice
SABMiller Says Modelo, Heineken Thwart Mexico Beer Choice
By Crayton Harrison and Brendan Case – Mar 2, 2012 11:31 PM GMT+0200 .LinkedIn Google +1 Print QUEUEQ..Grupo Modelo SAB (GMODELOC) and Heineken NV (HEIA) are blocking consumer choice in Mexico, the world’s sixth-biggest beer market, with inducements to businesses to thwart rival brewers, SABMiller Plc (SAB) said. (more…)
Heineken N.V. assigned solid investment grade credit ratings by Moody’s and S&P
Heineken N.V. today announced that it has been assigned solid investment grade credit ratings by the world’s two leading credit agencies, Moody’s Investor Service and Standard & Poor’s. Both long-term credit ratings, Baa1 and BBB+, respectively, have ‘stable’ outlooks (more…)
Heineken N.V. delivers solid top-line and earnings growth in 2011
Heineken N.V. today announced (more…)
APB Reports 34% Rise in ANP in First Quarter
•Attributable net profit rose 34% to S$154.7 million
•Profit before interest and taxation gained 29% to S$267.9 million
•Revenue grew 16% to S$994.3 million (more…)
US. Beer shipments fall in 2011 to lowest level since 2003
Beer sales were lackluster in 2011, with the latest estimates showing U.S. shipments at their lowest levels since 2003 as major brewers such as Anheuser-Busch and Heineken USA experienced downturns. (more…)
UK: Heineken takes Desperados back from SHS
The UK arm of Heineken has taken the marketing, sales and distribution of its Desperados Tequila-flavoured beer in-house in the country. (more…)
Belgium’s Two Big Beer Producers Increase Wholesale Prices
One of the top beer drinking capitals of the world is not happy prices are on the rise. (more…)
US. Heineken makes room for Dos Equis
The producer of Heineken beer is only too happy to make room on U.S. store shelves for an upstart Mexican brand. (more…)