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Publication date: «16.07.2008». 21 articles
Belgium & USA: InBev CEO made lots of promises in $52B Anheuser-Busch deal With eight acquisitions in four years, InBev CEO Carlos Brito has learned some things about takeovers.
One, he says, will be to live up to the promises that he made while . . .
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16 July, 2008
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USA: InBev & Anheuser-Busch deal’s impact on area barley industry is unclear Area barley industry officials aren’t sure what to make of InBev’s acquisition of Anheuser-Busch, which was announced Monday.
“We’ll have to monitor the situation” to see what changes, if any, . . .
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16 July, 2008
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World: InBev rated 'BBB+' by Standard & Poor, Anheuser-Busch cut on merger deal, outlook stable Standard & Poor's Ratings Services said that it assigned its 'BBB+' long-term and 'A-2' short-term corporate credit ratings to Belgium-based international brewer InBev after Monday's merger agreement with U.S. brewer . . .
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16 July, 2008
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Canada: Russell to expand BC brewery and open new distribution centre Russell Brewing Company, a producer of premium craft beer in British Columbia, announced on July 15 it has acquired additional 7,000 sq ft of office and warehouse space in Surrey . . .
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16 July, 2008
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USA: Many craft brewers are concerned that industry consolidation could make it tougher to land distribution arrangements The chairman of a craft brewers trade group worries that InBev’s $52 billion deal to buy Anheuser-Busch could squeeze small breweries’ distribution efforts.
Rich Doyle, the chief executive of Harpoon Brewery . . .
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16 July, 2008
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USA: MillerCoors is choosing Chicago for headquarters crating up to 400 new jobs The new MillerCoors joint venture will be based in downtown Chicago, company officials said July 15, choosing a neutral site to the home city of either individual brewer, according to . . .
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16 July, 2008
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Vietnam: Habeco’s profit fell 9% in H1 2008 because of malt costs growth, the company said Hanoi-Beer-Alcohol-Beverages Corp., a Vietnamese brewer partly owned by Carlsberg A/S, announced its pretax profit fell 9 % in the first half because of a surge in the cost of malt . . .
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16 July, 2008
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Russia: Barley outlook: 2008-09 production forecast of AAFC higher due to expectations of improved yields Barley is Russia’s second most important grain export, averaging 2 Mt annually, Agriculture and Agri-Food Canada published in one of their bulletin on July 11. In 2002, Russia exported a . . .
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16 July, 2008
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China: The country strengthens its dominance in world beer market A new study says China, the world’s top beer-producing country, produces almost a quarter of the world's beer, AFP commented.
According to the study in 2007 China boosted its market . . .
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16 July, 2008
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USA: SABMiller believes InBev's takeover of Anheuser-Busch provides opportunity for its MillerCoors in U.S SABMiller, the world's second-largest beer maker, says it believes that InBev's takeover of its rival Anheuser-Busch will give it an opportunity to build on its MillerCoors venture in the US, . . .
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16 July, 2008
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