Alcohol sales at US college sports fixtures are becoming increasingly common as universities look to boost revenues.
Beer giant SABMiller is “refusing to meaningfully engage” with AB Inbev over negotiations surrounding its possible takeover, claims AB’s CEO Carlos Brito.
SABMiller has turned down what it calls an “opportunistic” $68 billion takeover offer from AB Inbev, saying that it “substantially undervalues” the company.
Tesco’s half-year results have shown that profits have been slashed by 55% on last year, as the retailer also revealed “simpler” terms for its alcohol suppliers.
As the travel retail industry readies itself for a week in the sun at TFWA Cannes, we round up some special drinks products set to debut at the show.
AB Inbev is confident that its £68bn offer to buy SABMiller at £42.15 per share – its third after offers of £38 and £40 were rejected – will be accepted by the smaller brewer.
Diageo has offloaded its brewing interests in Jamaica, Malaysia and Singapore to Dutch rival Heineken in a deal worth $780 million.
Beer is still thought of as a “man’s drink” despite the female population making up 16% of all beer purchases in the UK – the highest proportion in five years.
Visitor numbers and beer consumption both fell at this year’s Oktoberfest organisers reported.
the drinks business has made several changes to its editorial staff following the departure of Gabriel Stone as Editor.
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