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 ...
Belgium-based brewing company Anheuser-Busch has agreed to acquire Colorado-based Breckenridge Brewery, to expand its craft beer portfolio. Upon completion of the acquisition process, Breckenridge Brewery will become the seventh craft ...
Tags: Anheuser-Busch, Breckenridge Brewery, 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
Anheuser-Busch has launched Best Damn Brewing Co., a brand platform to introduce Best Damn Root Beer. On shelves now, Best Damn Root Beer is the brand's first mission released nationally and the first hard root beer produced by ...
Tags: Best Damn Root Beer, Beer
Anheuser-Busch InBev faced some serious queries from the US lawmakers over its plan to acquire SABMiller. The lawmakers are concerned that deal could stifle the growing craft beer industry. The £71bn deal that was announced in ...
Tags: craft beer, caft beer industry
The GBP71bn Anheuser-Busch InBev-SABMiller merger deal process is inching forward as both the companies have reached a final agreement. However, the deal is yet to gain approval from regulators and shareholders. Post clearances, the deal ...
The London-listed SABMiller has agreed to sell itself to Belgium-based brewer Anheuser-Busch InBev for $104bn (£68bn). While AB InBev is the world's biggest brewer, SABMiller is its competitor. The boards of the two companies said ...
Anheuser-Busch InBev is exploring the acquisition of competitor SABMiller, a deal that would lead to a $275bn merged entity which would produce one out of every three beers globally. If the deal goes through, it would be one of the six ...
Tags: Anheuser-Busch InBev, SABMiller, beer
Brewing major Anheuser-Busch will invest $170m to expand its Metal Container Corporation (MCC) facility in Jacksonville, in the US state of Florida. The proposed expansion will ramp up Budweiser and Bud Light aluminum bottles ...
Tags: Anheuser-Busch, Florida, aluminum bottles
Anheuser Busch’s subsidiary Goose Island Beer has acquired 51% stake in Michigan-based hard cider firm Virtue Cider. The remaining equity will remain with 31 investors, who include Virtue Cider founder and CEO Greg Hall. Hall ...
Anheuser-Busch is investing $170m in expansion of its Metal Container Corporation (MCC) subsidiary's facility in Jacksonville, as part of its plan to increase production of Budweiser and Bud Light aluminum bottles. The expansion project ...
Tags: Anheuser-Busch, Metal Container
Brewing major Anheuser-Busch has withdrawn its membership from Beer Distributors of Oklahoma (BDO), a state organization for licensed independent beer distributors in Oklahoma, US, due to concerns over Oklahoma’s beer laws. BDO ...
Tags: Beer Distributors of Oklahoma, beverage, beer manufacture
Ambev, the Brazilian unit of Anheuser-Busch InBev, has acquired craft brewer Colorado for an undisclosed amount. The acquisition is a part of the Ambev's strategy to continue buying premium brands in order to boost up stagnant beer sales ...
Tags: Anheuser-Busch InBev, beverage, soft drink