Aidar has been with maker of Budweiser and Corona beer for over 15 years and previously held the position of vice president – finance for APAC region based out of Shanghai, after which he moved to India last year. (more…)
Thai Beverage Public Company Limited (SGX: Y92) has an ambitious target of having more than 50% of its revenue coming from outside of Thailand by the year 2020. Currently, the company generates more than 90% of its revenue within Thailand. However, now it seems that the company might be able to move closer to its target as that opportunity is opening up in Vietnam. (more…)
The world’s largest brewers from Europe to Asia are lining up for a chance to buy a stake in Vietnam’s top beer-maker, in a deal worth at least $1.8 billion as consumption in the Southeast Asian country surges. (more…)
Thai Beverage Plc (ThaiBev), the country’s biggest drinks company, says it is ready to pursue mergers and acquisitions on the back of its financial strength. (more…)
Japan’s beer makers keep a grip on their home markets while branching out abroad.
In an era when Budweiser is sold by a Belgium-based company and California’s Lagunitas IPA is partly Dutch-owned, Japanese beer has remained in Japan’s hands, away from the global consolidation party. (more…)
Heineken NV’s expansion of its production in Vietnam by taking over a brewery from rival Carlsberg A/S highlights growing interest by global beer brands to quench the thirst of about 70 million locals in one of the world’s fastest-growing economies. (more…)
SABMiller shareholders can be treated as two separate groups when they vote on the brewer’s 79 billion pound ($103 billion) takeover by Anheuser Busch InBev, a court in London ruled on Tuesday, granting a request from SAB aimed at making the vote as fair as possible. (more…)
Over the past two decades, China Resources Beer has become the largest player in the Chinese beer market by aggressively snapping up smaller targets. But on Friday, management declared that from now on, it will only pursue big acquisitions. (more…)
The Chinese government used a pair of distinguishing factors in approving Anheuser-Busch In-Bev’s takeover of SABMiller PLC last month that warrant close scrutiny by multinational companies seeking to merge or acquire companies there, practitioners said. (more…)
SABMiller has been informed by Anheuser-Busch InBev SA/NV (“AB InBev”) that China’s Ministry of Commerce has given conditional approval of the recommended combination with SABMiller. (more…)
