South African competition commission has given conditional approval of Anheuser-Busch InBev’s $100bn acquisition of SABMiller. The Commission has given to the recommendations to the Competition Tribunal following an investigation ...
The European Commission is likely to approve the proposed merger of AB InBev and SABMiller, following the companies' efforts to address the regulator's competition concerns. AB InBev had planned sale of several brands such as Peroni, ...
Tags: European Commission, beer, brewer
Anheuser Busch InBev is altering the packaging of Budweiser beer this summer, by replacing the word “Budweiser” with “America” on the front of its 12-oz. cans and bottles. The move is aimed at capitalising on the ...
Tags: Budweiser Beer, packaging
The Australian Competition and Consumer Commission (ACCC) has approved the £71bn merger of Anheuser Busch InBev and SABMiller, after concluding that the deal would not affect the domestic market. The regulator's decision came after ...
Anheseur-Busch InBev (AB InBev) has offered to sell SABMiller’s Eastern European brewing assets to gain regulatory approval for its £71bn merger with the UK drinks company. The Belgium brewer has submitted an updated ...
Tags: AB InBev, EC Approval
Japanese drinks company Asahi Group has agreed to acquire SABMiller’s Peroni, Grolsch, Meantime brands for $2.9bn, clearing another hurdle for the Anheuser-Busch InBev and SABMiller’s $108bn merger. The acquisition is ...
Tags: Asahi Group, Acquisition, SABMiller, Merger
Anheuser-Busch has entered into an agreement to acquire Virginia-based craft brewery Devils Backbone Brewing for an undisclosed sum. Devils Backbone will join Anheuser-Busch's craft breweries portfolio within the company's business ...
North Carolina Attorney General Roy Cooper spoke at a Teamsters rally outside of the MillerCoors brewery in Eden, North Carolina. MillerCoors announced plans to close the Eden brewery in September 2015, just two days before merger talks ...
Tags: MillerCoors, Eden brewery, ABI, SAB, North Carolina Brewery
Belgian beverage giant AB InBev says it will allow a Chinese Government owned company to acquire SABMiller’s Chinese beer business if AB InBev itself can acquire SABMiller. AB InBev last week revealed it will allow China Resources ...
Tags: AB InBev, China Market
Anheuser-Busch InBev (AB InBev) has agreed to sell SABMiller’s Chinese beer business to China Resources Beer Holdings for $1.6bn, in an effort to gain regulatory approval for its pending acquisition of SABMiller. The Chinese ...
Tags: AB In Bev, SABMiller, China Resources, Chinese Beer
Singapore food and beverage company Fraser and Neave has expressed interest in acquiring South Africa's SABMiller's Peroni and Grolsch beer brands in Europe. The expression of interest is occurring whilst beverage giant Anheuser-Busch ...
During 2014, the UK government announced that it was cutting beer duty by £0.01 per pint for the second consecutive year as part of its budget released in March 2014. This move was taking in an effort to boost a previously declining ...
Tags: Beer Sales Volume, Beer
UK-based drinks company Diageo has completed the sale of Jamaican lager Red Stripe to Heineken for $780.5m. The deal, which was announced in October, entails Diageo offloading its brewing companies in Jamaica, Malaysia and Singapore, to ...
Tags: Diageo, Jamaican lager Red Stripe, Food
Belgium brewer Anheuser-Busch will acquire Arizona-based craft brewer Four Peaks Brewing Company, in an effort to expand its portfolio of craft breweries. Following the acquisition, Four Peaks brewery will continue to brew all of its ...
Tags: Anheuser-Busch, beers, Food
Herbert Hainer, Adidas Group CEO, said for the first time that Adidas may explore “alternatives” to its long sponsorship of FIFA if soccer's world governing body does not reform itself. "If FIFA succeeds in reforming itself -- ...
Tags: Adidas, FIFA, Sporting Goods