Heres what was making the drinks news on this day in years gone by

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

Here's a look at what was happening on this day in...

The Coca-Cola Co and PepsiCo should both consider divestments to ensure future growth, an analyst has advised, while PepsiCo should pursue a full split of its beverage unit from its snacks division.

Beam Inc has declined to comment on reports linking Diageo and Suntory to a takeover bid for the US spirits firm.

Last week, we bade farewell to Foster's Group as SABMiller closed its acquisition of the Australian brewer. Although the beer sector's thirst for consolidation has been relentless, Foster's also contributed strongly to its own downfall. Here, just-drinks identifies five key factors that led to the brewer's sale to SABMiller.

South African food group Pioneer Foods is reportedly facing opposition to its plan to buy KWV from sections of the wine and spirits maker's shareholders.

Heineken has finally sealed a shareholder deal in India with United Breweries. The Amsterdam-based brewer announced this morning (7 December) that its talks with UB, which have been ongoing for almost two years, will see Heineken nominate three members of United Breweries' board, including the position of CFO.

Newly formed brewing giant Anheuser-Busch InBev may look to sell off its Budweiser Stag Brewery as part of a restructuring progamme in the UK, analysts believe.

Coke's choice of Muhtar Kent as its next CEO ensures a smooth transition from Neville Isdell, and has gone down well with the company's bottling partners. But while the promotion of a chief operating officer associated with so much progress made by Coke in recent years can be seen positive, Chris Brook-Carter believes Kent faces some stern challenges, not least shaking off controversy over his alleged involvement in insider trading in the 1990s.

South Africa and the European Union are hoping to meet early next year to settle the issue of geographical indicators and trademarks.

Coca-Cola Consolidated is to launch three new coffee-flavoured beverages in the south-east of the US. The Coke bottler said today (5 December) that it will introduce three Cinnabon coffee drink flavours in the region with immediate effect.

Constellation Brands has acquired a 40% stake in an Italian fine wine producer for around US$80m.

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