AB Inbev has reported profit growth this quarter exceeding industry estimates, as World Cup sales in Brazil helped balance out a US slump.
The end of June may have marked watersheds for both Diageo and Pernod Ricard, respectively the world’s two leading premium alcohol groups.
Speculation is growing that an AB InBev purchase of rival brewers SABMiller could be imminent, shutting out rumoured moves by Diageo to make the acquisition.
The art of pouring a pint is one that many publicans take pride in. But sports fans across the US could soon be doing the work themselves.
“Big Beer” stocks have been enjoying an unprecedented surge in the first quarter of this year, with valuations rising between 20% and 30%.
AB InBev and Miller Coors have bowed to a petition from a blogger to post the ingredients of their beers online.
A food blogger and “nutritional activist” in the US has launched an online petition to get two of the country’s biggest brewers to list the ingredients in their beers.
The world’s largest brewer has reported a fourth quarter rise in normalised profits of 34% on 2012, with the World Cup promising to boost sales in Brazil.
Anheuser-Busch InBev is to launch a limited edition of its popular Brahma beer made from barley grown on a football pitch where Brazil’s World Cup teams have trained for decades.
A Hindu statesman has urged AB InBev to change the name of its popular “Brahma” beer calling it “highly inappropriate” as it shares its name with a Hindu deity.
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