Kingway Brewery Holdings Ltd. (124), the Chinese company that has called for bids for its beer business, rose the most in a month in Hong Kong trading after China Resources (291) Enterprise Ltd. said it plans to make an offer. (more…)
C&C Group PLC , a manufacturer of branded cider and beer, Thursday announced that it has conditionally agreed to acquire the Gleeson Group, a supplier and distributor of beverages in Ireland, for 12.4 million euros in cash. (more…)
Anheuser-Busch InBev’s US$20.1bn acquisition of Grupo Modelo is a “test case” in seeing how competition authorities would react to a “mega-merger” between the Belgium brewer and SABMiller, according to a new report. (more…)
Everyone at some point in their life has a turning point on how they perceive politics, business, the economy, and beer. When you are young and funds are tight, cheap beer is generally the pick-me up of choice with a huge return on investment – drop a few dollars on a Millers or a Budweiser and within a few hours you end up feeling like a million dollars (the next day maybe not so much). (more…)
China Resources Enterprise Ltd. (291), the government-backed partner of SABMiller Plc. (SAB), said third-quarter profit grew 27 percent as its retail business opened more stores and an acquisition boosted sales. (more…)
Investing in one of the world’s largest brewers – Anheuser-Busch InBev (more…)
Sun InBev, the Russian subsidiary of Anheuser-Busch InBev, is to raise up to RUB22bn (US$692.3m) in a private share sale, according to local reports. (more…)
–Kirin Holdings to tender entire stake in Fraser & Neave for S$1.9B
–Kirin then aims to buy back F&N’s food and beverage ops for S$2.7B
–Kirin shares fall in Friday trading on fears about additional M&A costs (more…)
Grupo Modelo S.A.B. DE C.V. The Antitrust Commission in Mexico has authorized the combination resulting from the acquisition of the remaining stake of Grupo Modelo by Anheuser-Busch InBev Mexico City, November 15, 2012. (more…)
Anheuser-Busch InBev has said it is “working proactively” with regulators over its US$20.1bn acquisition of Gruppo Modelo, while fresh concerns have been raised over the deal. (more…)
