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Here's what was making the drinks news on this day in years gone by

To celebrate the launch of just-drinks' and The IWSR's latest spirits report, Richard Woodard considers the future for cachaça. But, first, let us look to the past.

The head of Treasury Wine Estates has faced down criticism over the company's move to destroy AUD35m worth of old US stock, maintaining that the group has to maintain a presence in the world's biggest wine market.

Former New Zealand Winegrowers' director for Europe, David Cox, has told just-drinks he resigned from the body as he felt "the time was right to move on".

Chile's wine industry is facing enforced consolidation due to pressure on wineries' profitability, but the country's longer-term future looks much brighter.

The announcement that Cott Corp has made a move on Cliffstar will see the merger of the largest private-label soft drink maker in North America with the biggest global private-label juice company.

The US has Budweiser, the so-called King of Beers. Soon Japan may have a Godzilla. Kirin, the country's biggest brewer, is mulling a merger with family-owned drinks maker Suntory, according to the local press. The resulting monster would have a dominant position in the Japanese beer market, could create lashings of synergies and might even do some damage overseas.

The US beer giant today (14 July) accepted a takeover offer from Belgian-based InBev. Anheuser-Busch shareholders will receive US$70 per share in cash, for an aggregate equity value of $52 billion.

The EU has suspended its WTO panel against India, following India's repeal of discriminatory duties on EU wines and spirits earlier this month.

Bordeaux not only has the most famous, most expensive wines in the world but casts a broad shadow, much to the chagrin of its competitors. Chris Losh sympathises with Bordeaux's less famous rivals as they struggle for share of voice, thereby demonstrating Bordeaux's uncanny ability to garner column inches.

AmBev shareholders in Brazil are to vote on merging with InBev Holding Brasil.

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