The week in drinks

The week in drinks

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

Treasury Wines Estates (TWE) is to open up its books after receiving an increased AUD3.4bn (US$3.2bn) takeover proposal from two private-equity suitors.

The Coca-Cola Co has gone back on a decision to mix stevia into its Vitaminwater recipe in the US after a social media backlash.

Gruppo Campari has seen its half-year results bolstered by a stronger performance in Q2.

The Coca-Cola Co has pledged to invest a further US$5bn in Africa over the next six years, bringing its total commitment to the continent since 2010 to $17bn.

SABMiller has lined up the chairman of Rio Tinto to become its next chairman.

Diageo is set to appeal a legal ruling in the US against its use of the term 'Explorers' Club' in the Johnnie Walker Explorers' Club brand extension.

Molson Coors has posted a sharp jump in first-half profits as its Europe and the US units boosted margins in the face of slow sales.

Coca-Cola HBC has seen a slower fall in Q2 volumes contribute to a lift in profits in its half-year, although 2014 looks set to be a difficult year for the company.

MillerCoors, the US JV between SABMiller and Molson Coors, has seen a slight rise in first-half sales, but volumes were down as further declines for light lagers were propped up by higher-end brands.

Asahi Group has reported a healthy rise in first-half profits as its beer, spirits and soft drinks businesses all saw a lift in sales.

For a look at the most popular subscriber-only content on just-drinks this week, click here.