just the Round-Up - The week in drinks

By | 17 June 2011

The week in drinks

The week in drinks

The top ten stories published on just-drinks this week:

Grupo Modelo is set to meet with Anheuser-Busch InBev to seek permission to launch a takeover bid for Foster's Group, according to a report.

Diageo is funding a programme to train 10,000 midwives in England and Wales to offer advice about the dangers of drinking alcohol during pregnancy.

Resurgent demand for Japanese whisky has taken distillers by surprise, forcing Suntory Holdings to ration supplies of its Yamazaki single malt.

Drinks firms such as Diageo and Heineken are expected to continue pulling resources out of Greece over the next 12 months as the country's economy worsens.

PepsiCo has said it will trial its reduced-sugar cola, Pepsi Next, for 24 weeks before deciding whether to roll it out further.

Anheuser-Busch InBev is lining up a lead sponsor deal for its Budweiser brand for The FA Cup knockout football tournament in the UK, just-drinks understands.

Heineken has secured a near-10% refund on a EUR219m (US$309m) fine handed down to the brewer by the European Commission for its part in forming a beer cartel in the Netherlands.

China has become the latest country to be represented in New Zealand's wine industry after investors acquired the Paritua winery.

Carlsberg's Baltika Breweries has chopped its annual shareholder dividend by around two thirds, as figures show that Russia's beer consumption has been set back by five years.

SABMiller has said that it paid US$8bn in corporate tax globally in its last fiscal year, as officials from five African countries prepare to meet to discuss the brewer's contributions.

Sectors: Beer & cider, Soft drinks, Spirits, Water, Wine

Companies: InBev, Diageo, Modelo, Suntory, Foster’s, Heineken, PepsiCo, Carlsberg, Baltika, SABMiller

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just the Round-Up - The week in drinks

The top ten stories published on just-drinks last week:

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