Asahi moves for Diageo’s Kenya business in $2.3bn deal
Asahi Group Holdings is to pay $2.3bn for Diageo’s business in Kenya, which includes the UK group’s majority stake in …
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Lead Campari shareholder settles tax dispute
Lagfin, the Luxembourg-based holding company that controls the majority of Campari’s voting rights, has agreed to pay €405m ($474.5m) to settle a tax dispute …
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Treasury Wine Estates targets cuts amid US, China woes
Recently installed Treasury Wine Estates CEO Sam Fischer is bringing in a “transformation programme” that will include a review of …
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Trinchero acquires Mumm Napa from Pernod Ricard
Trinchero Family Wine & Spirits has struck a deal to buy a clutch of US sparkling-wine assets from Pernod Ricard. California-based Trinchero …
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‘You can’t address climate change alone’ – Concha y Toro on importance of ‘collaboration’ in ESG
Investing in environmental sustainability is becoming all the more crucial for the wine sector, an agricultural industry that continues to …
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Hydrate Drinks Group founder buys UK firm from administration
UK soft-drinks firm Hydrate Drinks Group has been acquired from administration by an entity linked to the company’s founder. Liverpool-based Hydrate …
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Distilling giants point way for aged spirits in 2026
As we all contemplate what kind of year 2026 will be for spirits – after tariffs, conflict and macroeconomic gloom …
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Kraft Heinz hires ex-Kellanova chief as new CEO
Kraft Heinz has appointed former Kellanova chief Steve Cahillane as group CEO ahead of next year’s targeted business split. Cahillane will …
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German wine co-ops strike purchasing tie-up
Three German wine co-ops are to team up on purchasing in a bid to trim costs. The co-operatives, from three different …
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PepsiCo rejigs exec team to “accelerate growth”
PepsiCo has reshuffled parts of its team of senior executives as part of its efforts to speed up the company's …
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Wine groups Advini, Cordier by InVivo in merger talks
Advini Group and Cordier by InVivo are exploring a merger to “strengthen” their position in the French wine industry. In a …
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Hain Celestial appoints Alison Lewis as president, CEO on permanent basis
Hain Celestial has named Alison Lewis as the US food group’s permanent president and CEO, seven months after she stepped …
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Nutrabolt expands India portfolio with new Nutraprep partnership
US-based energy-drinks and sports-nutrition business Nutrabolt is expanding its portfolio in India through a tie-up with the recently formed Nutraprep. In …
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AB InBev seeks different Beat amid US beer blues
Big brewers continue to diversify, with AB InBev, the world’s largest, adding BeatBox, the US-based hard-punch maker, to its portfolio. And …
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Treasury Wine Estates requests trading halt ahead of outlook update
Treasury Wine Estates today (15 December) requested a pause in the trading of its shares on the Australian Securities Exchange, …
