just the round-up - The week in drinks
Author: 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.
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
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