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Thursday 23 February 2017 loc: GB

SABMiller

Asahi to sell stocks in Tsingtao beer

Tokyo-based beer company Asahi is planning to sell its 20% holdings in Tsingtao beer, eight years after it first purchased the stake in 2009.

Tuesday, February 7th, 2017 No Comments »

Asahi spends €7bn on European beer brands

AB InBev has agreed to sell SAB Miller’s central and eastern European beer business to Japan’s Asahi for €7.3 billion (US$7.8bn), following its $106bn takeover of the brewer earlier this year.

Tuesday, December 13th, 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 »

AB InBev wins US approval for £71bn takeover

AB InBev has won approval for its £71 billion takeover of SABMiller in the US on the condition that it divests all interests in MillerCoors and does not acquire further craft brewers without consent.

Thursday, July 21st, 2016 No Comments »

AB InBev ups EU sweetener with sell-off

Beer giant AB InBev has pledged to divest all of SABMiller’s interests in central and eastern Europe as it aims to secure EU approval for its takeover of the brewer.

Friday, April 29th, 2016 1 Comment »

‘Megabrew’ deal on ice as watchdog delays decision

South Africa’s competition authority has delayed its decision on the proposed £71 billion merger of brewers SABMiller and AB InBev for a third time.

Tuesday, April 5th, 2016 No Comments »

World’s biggest brewer sells world’s biggest beer

AB InBev has agreed to sell SABMiller’s stake in China-based Snow beer, the world’s biggest-selling beer brand, for US$1.6 billion.

Wednesday, March 2nd, 2016 1 Comment »

AB InBev posts 4% drop in profits

AB InBev, the world’s largest brewer, has reported revenue growth of 6.3% in 2015, despite profits dropping by 4%, with total volumes dipping by 0.6%.

Monday, February 29th, 2016 No Comments »

F&N interested in Peroni

Singapore-based brewer Fraser & Neave has expressed an interest in SABMiller’s Peroni and Grolsch brands.

Tuesday, January 26th, 2016 No Comments »

Currency woes spoil the SABMiller party

The crushing depreciation of the South African rand, one of brewer SABMiller’s key operating currencies, has severely held back its reported third quarter results.

Tuesday, January 26th, 2016 No Comments »

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