Heineken has confirmed the sale of 111 of its “star” pubs to the UK-based pub chain Admiral Taverns.
AB InBev is preparing to secure funds of up to £75 billion (US$122bn) to buy rival UK brewer SABMiller, according to reports by the Wall Street Journal.
Heineken has rejected a takeover bid from brewer SABMiller, saying that it is “non-actionable”, after months of speculation within the industry.
Research into beer drinkers’ taste preferences for some of the world’s biggest selling lagers has resulted in an interesting conclusion — people can’t tell the difference between them.
US brewer Molson Coors has grown beyond expectation in the second quarter, with revenues rising despite a global downturn in the beer market.
“Big Beer” stocks have been enjoying an unprecedented surge in the first quarter of this year, with valuations rising between 20% and 30%.
A former Heineken director has launched a fruit and berry-blended beer to appeal to consumers who “don’t like the taste of normal beer.”
Heineken is to invest £126m on expanding its UK operations; £50m at its Manchester brewery, £58m at its Hereford Cider plant and £18m on its pubs.
A decision to ban a series of Kronenbourg adverts in the UK over claims it falsely implied its brewing and hop production took place in France has been reversed.
Heineken is to merge its majority-owned Nigerian Breweries and Consolidated Breweries to “fully capitalise” on the future growth of Nigeria’s beer and malt drinks market.
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