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.
SABMiller is to regain the rights for its Miller brands in Canada after settling a long-running legal dispute with Molson Coors.
SABMiller has reported a 5% rise in first-half sales, but its Q2 performance was dragged down by tough market conditions in China and Australia.
Heineken has blamed an administrative error after its controlling shareholder failed to properly report stock purchases, leading to a EUR375,000 (US$443,000) fine.
Heineken has secured a “long-term” deal to make its namesake lager the official beer of the US’s Major League Soccer.
See Also:
SABMiller’s weak half-year numbers have inevitably led to renewed speculation around possible M&A activity. Fresh from its knock-back from Heineken, will SABMiller step up its search for alternative opportunities, or will it become more of a target itself?
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By GlobalDataAnheuser-Busch InBev has vowed to continue to “actively support” US soccer despite its 17-year sponsorship of Major League Soccer (MLS) through its Budweiser brand ending.