just the round-up - The week in drinks

By | 15 May 2009

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

Diageo and UB Group

INDIA: Diageo, United Spirits talks still on

Diageo has said that it is still in talks with United Spirits over the the acquisition of a stake in the Indian drinks giant, following a report that negotiations have stalled.

The Power 100

GLOBAL: Safety of big brands leads the way in 2009 - research

The global drinks consumer is heading for "safety" when it comes to drinks brands, according to a recent report.

Wine tops UK drinks chart

UK: Wine preferred alcoholic drink - survey

Wine is the preferred alcoholic drink for consumers in the UK, according to a survey commissioned by the Wine and Spirit Trade Association (WSTA).

PepsiCo and Pepsi Bottling Group

US: PepsiCo files lawsuit against Pepsi Bottling Group

PepsiCo has filed a lawsuit against one of its biggest bottlers, Pepsi Bottling Group, accusing board members of illegally setting up measures to block a PepsiCo takeover.

E&J Gallo and CEDC in Russia

UK/RUSSIA: E&J Gallo readies Russia roll-out with CEDC

E&J Gallo is looking to enter Russia later this year.

Pernod Ricard rights issue

FRANCE: Pernod Ricard completes rights issue

Pernod Ricard has completed a EUR1bn rights issue that will help to secure the drinks giant's financing until 2013.

Pricing and Scotch whisky exports

UK: Minimum pricing threat to Scotch whisky exports - SWA

Minimum pricing on alcoholic drinks in Scotland could set a precedent for foreign governments that would be "immensely damaging", Scotch Whisky Association chairman Paul Walsh has said.

SABMiller FY

UK: SABMiller FY net profits fall, beer sales slow

SABMiller has reported a 7% slip in net profits for its fiscal full-year and is to reduce investment to reflect lower consumer demand for beer in the economic downturn.

Constellation calls for collaboration

GLOBAL: Wine firms must unite to pull new consumers - Constellation

The wine industry must unite and push wine as a category in emerging markets if it is to succeed, delegates heard at the London International Wine Fair (LIWF).

Ministerial advice for UK drinks trade

UK: Minister calls for agreement on duty hike impact

A UK minister has warned the alcoholic drinks industry that it must work closer with authorities to highlight the pitfalls of raising excise duties.

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

Companies: Diageo, PepsiCo, Pepsi Bottling, United Spirits, Gallo, Pernod, Ricard, CEDC, UB Group, SABMiller, WSTA, SWA, Constellation

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