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(16-07-2008)
Anheuser-Busch (A-B), has agreed a takeover by the Belgium-based brewer InBev for $52 billion, after InBev raised its previous offer by $5 a share to $70 a share. The deal will create the world’s largest beer company.
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(16-07-2008)
Grupo Modelo, the leading brewer in Mexico and owner of the Corona Extra beer brand, claims that it has a consent right in respect of InBev's proposed $52 billion deal to take over Anheuser-Busch.
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(16-07-2008)
Coca-Cola Amatil has reportedly said that it will not bid for the Foster’s Group because of a number of operational issues.
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(16-07-2008)
SABMiller has appointed Mark Luce to the position of commercial director for Asia with effect from 1st September 2008.
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(16-07-2008)
SABMiller has announced that it has completed the acquisition of purchase of Ukrainian brewer, CJSC Sarmat.
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(01-07-2008)
SABMiller and Molson Coors Brewing Company have announced that their combined US and Puerto Rico operations, called MillerCoors, began operating as of July 1st.
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(01-07-2008)
InBev has demonstrated it has the appetite for a hostile bid for Anheuser-Busch, saying it "will pursue all available avenues" in its efforts to take over the US brewer.
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(17-06-2008)
Foster’s chief executive Trevor O’Hoy has resigned as the Australian drinks group cut profit forecasts amid concern for its ailing wine division.
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(17-06-2008)
The European Union (EU) Council of Ministers has authorised Portugal to halve the excise duty on beer produced in Madeira, even where breweries’ production exceed the maximum capacity allowed under EU rules for such reductions.
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(17-06-2008)
The brewer InBev has launched a $46 billion bid for Anheuser-Busch (A-B). If successful, the move would create the world’s largest brewer, and the largest ever deal in the alcoholic drinks industry.