Tsingtao Brewery Company

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BELGIUM: A-B InBev sells remaining Tsingtao Brewery stake

5 Jun 2009

Anheuser-Busch InBev has completed the sale of its remaining 7% stake in Tsingtao Brewery to private Chinese investor Chen Fashu for US$235m.

CHINA: Carlsberg signs China airline deal

4 Jun 2009

Danish brewer Carlsberg has signed a distribution deal with China Southern Airlines Group to serve Carlsberg Chill on the airline’s flights.

CHINA: A-B InBev sells remaining Tsingtao stake

8 May 2009

Anheuser-Busch InBev has agreed to sell its remaining 7% stake in Tsingtao Brewery to a Chinese private investor, Chen Fashu, for US$235m.

just the round-up - The week in drinks

1 May 2009

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

CHINA: A-B InBev completes Tsingtao stake sale to Asahi

30 Apr 2009

Anheuser-Busch InBev has completed the sale of a 19.9% stake in Chinese brewer Tsingtao to Japan's Asahi for US$667m.

CHINA: Tsingtao Brewery profit, sales jump in 08

9 Apr 2009

Chinese brewer Tsingtao has reported a 25% increase in net profit for its full-year, as a rise in sales offset higher raw materials costs.

THAILAND: Tsingtao to build first brewery outside China - report

31 Mar 2009

Tsingtao is to build its first brewery outside of China, after agreeing with partners to set up a US$56m plant in Thailand, according to local reports.

BELGIUM: Anheuser-Busch InBev eases pressure for disposals

12 Mar 2009

Anheuser-Busch InBev is no longer under pressure to sell assets in 2009, due to progress on cost savings and a strong cash flow, analysts believe.

S KOREA: A-B InBev gathers Oriental Brewery bids - report

19 Feb 2009

Anheuser-Busch InBev has completed the first round of bidding for its South Korea-based Oriental Brewery, according to a report.

JAPAN: Asahi Breweries sees FY profits rise, sales flatline

5 Feb 2009

Asahi Breweries has posted a slight lift in full-year net profit, on the back of flat sales.

S KOREA: SABMiller silent on A-B InBev, Oriental Brewery move

4 Feb 2009

SABMiller has declined to comment on reports that it has been approached by Anheuser-Busch InBev as a potential buyer of the brewing giant's South Korea-based Oriental Brewery.

UPDATE - CHINA: Anheuser-Busch InBev sells Tsingtao stake to Asahi

23 Jan 2009

Anheuser-Busch InBev has maintained that it remains committed to the Chinese beer market, despite the sale of part of its stake in Tsingtao Brewery in the country.

CHINA: Anheuser-Busch InBev sells Tsingtao stake to Asahi

23 Jan 2009

Anheuser-Busch InBev has said it will sell a 20% stake in China's Tsingtao Brewery to Japanese brewer Asahi for US$667m, as part of a range of planned disposals.

CHINA: Tsingtao Brewery poised to raise Hubei profile- report

8 Dec 2008

Tsingtao Brewery is looking to up its presence in the central Chinese province of Hubei, with the construction of a new production facility, according to local reports.

CHINA: Coca-Cola, Huiyuan Juice deal "progressing"

3 Dec 2008

Coca-Cola has said that it remains hopeful that its US$2.4bn takeover offer Huiyuan Juice Group will be cleared by Chinese authorities before the end of March 2009.

CHINA: Anheuser-Busch's Tsingtao stake to go up for sale? - analyst

25 Nov 2008

Anheuser-Busch's stake in a brewer in China would appear to be one of the more likely divestments following the US company's sale to InBev last week, according to an analyst.

GLOBAL: China, UK clear Anheuser-Busch/InBev tie-up

19 Nov 2008

The final hurdles blocking InBev's acquisition of Anheuser-Busch have been cleared ahead of the deal completion yesterday (18 November).

just the round-up - The week in drinks

14 Nov 2008

View 10 of the top stories published on just-drinks this week.

CHINA: Tsingtao Brewery takes stake in Yantai, Asahi venture

14 Nov 2008

Tsingtao Brewery has bought a 39% stake in the joint venture owned by fellow Chinese brewer Yantai and Japanese brewer Asahi.

CHINA: Tsingtao Brewery Group profit rises

4 Nov 2008

Tsingtao Brewery Group, the leading Chinese brewer, has reported increases in volumes and net profit for the first nine months of 2008.

RESEARCH: Olympics focus the World on Chinese drinks companies

3 Oct 2008

The Olympic Games in China, which took place earlier this summer, is expected to have a “profound effect” on spirits companies in the country, according to recent research.

just the round-up - The week in drinks

12 Sep 2008

The top ten most visited stories on just-drinks this week:

BELGIUM: InBev gets Tsingtao stake, sweats on Modelo

11 Sep 2008

InBev has confirmed that it will take control of Anheuser-Busch's stake in Chinese brewer Tsingtao, once it has completed the takeover of the US company.

CHINA: Tsingtao Brewery Co sees H1 profit rise

20 Aug 2008

Chinese beer group Tsingtao Brewery Co has held off rising costs and a weaker domestic beer market to increase profit by 42% in its first half.

CHINA: Rising costs pressure Tsingtao investments - report

7 Aug 2008

Tsingtao Brewery Co. is considering cutting back on investments in the rest of this year, according to local reports.

Analysis - InBev gives ground to win Anheuser’s hand

15 Jul 2008

Given the consolidation trend in the global beer market it was not likely to be that long before another mega-deal came along. InBev’s move for US giant Anheuser-Busch was not unexpected though the concessions the Belgian brewer has had to make to seal the deal and the eventually hefty US$52bn price-tag may have surprised some. Olly Wehring reports.

Focus - Inbev's move for Anheuser-Busch

12 Jun 2008

InBev's announcement late yesterday (11 June) that it has made an offer to acquire Anheuser-Busch comes as little surprise. Speculation of a tie-up between the brewers has surfaced over the last 18 months or so. But the amount offered – US$65 per share – certainly looks enticing to A-B's shareholders. So, it's a done deal, yes? Olly Wehring takes a closer look at the offer.

US: Tsingtao kicks off US off-trade promotion

2 May 2008

Tsingtao Brewery Co. has announced plans to launch an off-trade promotion across the US this summer to “celebrate all things Asian”.

CHINA: Profits soar at Tsingtao Brewery in Q1

30 Apr 2008

Tsingtao Brewery Co. has posted a massive lift in profits for the first quarter.

US: Aladdin Beverage CEO commits to further three years

23 Apr 2008

Aladdin Beverage has announced that its CEO, Ted O'Connor, has signed a three-year contract to remain with the US beer importer.





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