San Miguel Corp. (SMC) has unveiled a plan to raise some P80 billion from the sale of preferred shares, the diversified conglomerate said in a disclosure to the stock exchange on January 14. (more…)
Philippine conglomerate San Miguel Corp (SMC.PS) will partner with Japan’s Kirin Holdings Co Ltd (2503.T) if it bids for SABMiller PLC’s (SAB.L) Grolsch and Peroni beer brands, its President Ramon Ang said on Friday. (more…)
Since its hard-fought acquisition of Singaporean beverage conglomerate Fraser and Neave in 2013, Thai Beverage has kept a relatively low profile in the M&A world. But while the company behind the Chang beer and other brands may not have made any headline-grabbing takeovers since then, it has by no means lost momentum. (more…)
It will splurge cash on ASEAN targets.
Armed with its formidable $966 million cash pile, F&B giant Thai Beverage is forecasted to aggressively snap up Southeast Asian companies over the next four years. (more…)
Philippine conglomerate San Miguel Corp said on Wednesday it is interested in acquiring SABMiller PLC‘s Grolsch and Peroni beer brands, its President Ramon Ang told Reuters. (more…)
Top Japanese brewer Asahi Group Holdings is taking a gamble amid a new wave of global consolidation.
Asahi’s headquarters in Tokyo is shown in this photo taken in November 2015. (more…)
At the recent conference, Nguyen Hong Linh, CEO of Hanoi Beer Alcohol & Beverage Joint Stock Corp. (Habeco) said that he had been disappointed by cooperation with a strategic partner Carlsberg Group. (more…)
The deal to the cost of 1.1 billion dollars allowed receiving 25% of the shares of Masan Consumer Holdings and 33.3% of the share of Masan Brewery. (more…)
Heineken N.V. (‘HEINEKEN’) announced today that it has started a strategic review of its Hartwall business in Finland. (more…)
Ah, yes, Super Bowl weekend. Football on the wide screen. Homemade chili simmering on the stove. And, of course, cold beer in the fridge. (more…)