The buyback will be carried out in accordance with the procedure of buying back shares, as stipulated by the Board of Directors. All shareholders (owners of ordinary and preference shares) can participate in the procedure, regardless of the number of shares they hold. (more…)
SABMiller plc today issues the following update on trading for the 12 months to 31 March 2011. The calculation of the organic growth rates excludes the effects of acquisitions and disposals. (more…)
Australia’s biggest brewer Foster’s Group has done an admirable job growing its margin on earnings before interest and tax (EBIT) at its prized Carlton & United Breweries beer unit. (more…)
Champion Breweries plc has notified the Nigerian Stock Exchange (NSE) that Consolidated Breweries plc is having discussions in connection with a proposed acquisition of 57 percent of the issued share capital of Champion Breweries plc, held by Montgomery Ventures Inc. of Panama. (more…)
Nigerian Breweries Plc has begun discussions with Heineken NV regarding the potential acquisition of three of the five breweries recently acquired from the Sona Group. The proposed acquisition is subject to the approval of the Board and Shareholders of Nigerian Breweries, as well as relevant regulatory authorities. (more…)
Every investor would love to stumble upon the perfect stock. But will you ever really find a stock that provides everything you could possibly want? (more…)
The board of directors of Kingway Brewery Holdings Limited said it has been informed by GDH Limited (GDH), the controlling shareholder of the company, that GDH has decided to exercise the pre-emption right in respect of the whole of the relevant shares on the same or equivalent terms as those Heineken-APB China (HAPBC) (more…)
Japanese Kirin Brewery Company aims to restart operations at its facility in Sendai, that is located in the prefecture hardest hit by the earthquake and tsunami in March by September or October this year, Koichi Matsuzawa, the company’s president, said at a news conference last week. (more…)
SABMiller has become the latest London-listed company to clash with Indian regulators after New Delhi demanded payment of $39.5m in tax on the brewery group’s 2006 acquisition of Indian assets from Foster’s, the Australian brewer. (more…)
