SABMiller plc To Open New Brewery
SABMiller plc, the world’s second biggest brewer, has plans to start construction of a new brewery in northern Namibia soon.
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Carlsberg and SABMiller invest further in China
Beverage giants Carlsberg and SABMiller have announced plans to expand further in the Chinese beer market. (more…)
MillerCoors CEO Tom Long seeks growth with craft beers
Tom Long, MillerCoors’ new chief executive, wants to prove that big beer hasn’t gone flat. (more…)
Foster’s CEO Says SABMiller Offer Was “So Far From Reality”
The 9.6 billion Australian dollar ($10.54 billion) indicative bid Foster’s Group Ltd. (FGL.AU) received last month from rival brewer SABMiller PLC (SAB.JO) was pitched at a level where it wasn’t worth entering negotiations, the chief executive of the Australian company said Friday. (more…)
Foster’s does not rule out takeover talks with SABMiller
* CEO Pollaers says SABMiller offer was too low to bother with
* Says rejection of SABMiller bid did not mean it would not engage in talks
* Foster’s rebrands beer business, tweaks name
* Shares trading barely above SABMiller’s rejected offer (Adds analyst quotes, details) (more…)
CR Snow’s third strike in Henan to add Shangqiu Blue Beer to its porfolio
China Resources Snow Breweries (China) Co., Ltd. (hereinafter referred to as “CRB”) officially announces that China Resources Snow has wholly acquired Shangqiu Lanpai Brewery Ltd (hereinafter referred to as “Lanpai”). (more…)
MGD 64 Lemonade Dies An Early Death
Earlier this year, the MillerCoors marketing machine decided that people really wanted a lemonade version of its successful MGD 64 low-calorie beer. Alas, there must have been a mistake in the algorithm and after only a few months on shelves, the beverage is no more. (more…)
Zimbabwe’s Delta Corporation boosts SABMiller’s strong volumes
SABMiller, the world’s second-biggest brewer by volume after Anheuser-Busch InBev NV (ABI.BT), benefited from a strong performance in Asia and Africa, where socio-economic improvement, rising incomes and a thirst for Western lifestyles are fuelling consumption. That helped offset sluggish growth in more mature markets which are suffering from a cutback in consumer spending, high unemployment levels and a saturated marketplace. (more…)
SABMiller Trading Update
SABMiller plc (SAB.L) today issues its Interim Management Statement for the group’s first quarter ended 30 June 2011. The calculation of the organic growth rates below excludes the effects of acquisitions and disposals. (more…)
SABMILLER PLC – Confirmation of directorate change
SABMiller plc has previously announced that Malcolm Wyman would, with effect from the conclusion of the 2011 Annual General Meeting, retire from the Board. (more…)