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Friday 28 October 2016 loc: GB


India key target for Scotch post-Brexit

The SWA has renewed calls for the UK government to negotiate new trade deals for Scotch post-Brexit, flagging India as the market with the most long-term potential for growth.

Thursday, October 13th, 2016 No Comments »

Asahi completes Miller Brand acquisition as Kirin buys Brooklyn Brewery stake

Japanese brewer Asahi has completed its £1.3 billion acquisition of Miller Brands UK, giving it control of premium European beer brands Peroni, Grolsch and Meantime.

Wednesday, October 12th, 2016 No Comments »

AB InBev completes $79bn SABMiller merger

AB InBev has formally closed its $79 billion deal to acquire SABMiller, having sold off its remaining brands in Asia and Europe to appease competition regulators.

Wednesday, October 12th, 2016 No Comments »

Champagne and spirits boosts LVMH growth

Champagne and spirits boosted LVMH Moët Hennessy Louis Vuitton as the French luxury good house reported organic growth of 7% of its wine and spirit portfolio in the first 9 months of the year.

Wednesday, October 12th, 2016 No Comments »

Tesco reports strong progress in first half

Tesco is on track to deliver £1.2bn operating profit for the full year, it announced as it revealed strong progress in the first half of the year.

Wednesday, October 5th, 2016 No Comments »

Distell brings UK distribution in house

South Africa’s Distell has brought distribution for its brands in the UK in-house, bringing an end to contracts with three distribution companies.

Tuesday, October 4th, 2016 No Comments »

AB InBev’s £79bn deal passes final hurdle

SABMiller’s shareholders have voted in favour of a £79 billion takeover by AB InBev following a crunch vote held today.

Wednesday, September 28th, 2016 No Comments »

Sainsbury’s sales slip over first half

Sainsbury’s saw trading slip in the first half of the year, with retail sales down 0.4% in the 16 weeks to 24 September.

Wednesday, September 28th, 2016 No Comments »

Investor revolt threatens SABMiller takeover

Protests by shareholders are threatening to throw AB InBev’s £79 billion takeover of SABMiller – set to become the biggest deal in British corporate history – off the rails.

Tuesday, September 27th, 2016 No Comments »

Chinese producer spends $13.4m on Aussie vineyards

China’s Weilong Grape Wine Company has spent AUS$13.4 million on a number of Australian vineyards as part of a plan to invest $120m in the country.

Monday, September 26th, 2016 No Comments »

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