just the round-up - The week in drinks

By just-drinks.com editorial team | 5 June 2009

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

Foster's job cuts

Foster's EMEA may cut its workforce by up to 10% following a consultation with staff.

UK: Molson Coors scoops Cobra Beer out of administration

Molson Coors has rescued Cobra Beer from administration via a joint venture deal with the group's founder, Lord Bilimoria.

Pernod Ricard to divest

FRANCE: Pernod Ricard eyeing fresh disposals

Pernod Ricard is in talks over fresh disposals after completing the sale of Wild Turkey to Campari for US$581m.

Coca-Cola Hellenic Bottling to delist

AUS: Coca-Cola Hellenic to delist from stock exchange

Coca-Cola Hellenic Bottling Co is to delist from the Australian stock exchange due to its low level of trading.

Pepsi Bottling Group purchase

US: Pepsi Bottling Group completes Better Beverages buy

The Pepsi Bottling Group has completed the acquisition of Better Beverages, a Pepsi-Cola and Dr Pepper franchised bottler serving central Texas.

Red Bull cocaine row rumbles on

HONG KONG: Red Bull says cocaine traces are "impossible"

Energy drink producer Red Bull has said Hong Kong authorities that have reportedly found traces of cocaine in its beverages are "confused".

PepsiCo v PBG & PepsiAmericas

US: Deal is in PepsiCo's court - Pepsi Bottling Group

PepsiCo will have to improve on its offer if it wants to fully acquire Pepsi Bottling Group, the bottler's board has said, defending its decision to reject a deal.

Diageo in India

INDIA: Diageo close to deal in Tamil Nadu - report

Diageo is to become the first international spirits firm to enter the Indian state of Tamil Nadu, after securing a deal with state authorities, according to a report.

Gloom for French wine, spirits exports

FRANCE: Wine, spirits exports to slide in '09

French wines and spirits exports will fall 20% in value this year, trade body Fédération des Exportateurs de Vins et Spiritueux (FEVS) has said.

Russian Standard sues former head

RUSSIA: Russian Standard Vodka sues ex-CEO Radicati

Russian Standard Vodka has filed a lawsuit against its ex-CEO, Carlo Radicati, following an internal audit of his time at the company.

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

Companies: Molson Coors, Cobra Beer, Pepsi Bottling, Pernod, Ricard, Foster’s, Red Bull, Coca-Cola Hellenic Bottling, PepsiCo, Diageo, Campari, Dr Pepper, PepsiAmericas, FEVS