Here’s a round-up of this week’s highlights in the global beer category. We are also running similar round-ups for spirits & wine and soft drinks & bottled water.
Anheuser-Busch InBev has quit its eight-year-old joint venture in India with RJ Corp to go it alone in the country.
Analysts have raised major question marks over the likelihood of private equity group 3G Capital making a GBP75bn (US$115.4bn) bid for SABMiller.
The head of Carlsberg is to step down as the brewer’s ongoing troubles resulted in a slide in full-year net profits.
Warsteiner is set to update the packaging for its namesake lager brand in the US.
See Also:
The announced departure of a company’s CEO on the same day as the reporting of a near-20% fall in full-year profits usually looks pretty black and white. But, there is far less of a sword-falling case to conclude when it comes to Carlsberg today.
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By GlobalDataThe CFO of SABMiller has resigned from the brewer.
Heineken has completed the sale of Mexican packaging business Empaque to Crown Holdings, and has launched a share buyback using most of the proceeds.
Carlsberg’s CEO has said M&A will be a “low priority” this year as the company reels from profits slumps in Russia and Ukraine.