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Publication date: «29.01.2016». 18 articles
India: United Spirits posts 45% drop in net profit for quarter to December 31
India’s largest liquor company United Spirits Ltd (USL) posted a 45% drop in net profit for the quarter ended 31 December on account of provisions for loans and advances, LiveMint . . . get full article
29 January, 2016 Article only for members with paid access
Brewery news World: Diageo reports lower first-half operating profit on slumping sales in North America
Diageo PLC reported lower first-half operating profit on the back of slumping sales in North America, underscoring the pressure on Chief Executive Ivan Menezes to deliver a promised uplift in . . . get full article
29 January, 2016 Article only for members with paid access
Brewery news World: AB InBev cancels $42.5 billion of a record $75 billion senior acquisition loan
Anheuser-Busch InBev said on January 28 that it had cancelled $42.5 billion of a record $75 billion senior acquisition loan after raising a hugely successful bond which was used to . . . get full article
29 January, 2016 Article only for members with paid access
Brewery news China: AB InBev will try to keep SABMiller’s stake in CR Snow - sources
Anheuser-Busch InBev NV will try to defy conventional wisdom and hold on to SABMiller PLC’s China beer business CR Snow, The Wall Street Journal reported on January 27, citing two . . . get full article
29 January, 2016 Article only for members with paid access
Brewery news UK: AB InBev expands non-alcoholic beer offering with Beck’s Blue Lemon
AB InBev has expanded its non-alcoholic beer range in the UK with new flavour Beck’s Blue Lemon, The Grocer reported on January 27. With sales up 20% last year to £14.6 . . . get full article
29 January, 2016
Brewery news Brazil: Boiler explosion kills two workers, injures three others at Heineken brewery in Sao Paulo state
A boiler explosion at a Heineken beer factory in Brazil on January 26 killed two workers and injured three others, one of them seriously, the company confirmed. The workers were employed . . . get full article
29 January, 2016
Brewery news World: Private equity firm KKR reportedly back in tender for Peroni, Grolsch beer brandsb
The line-up of bidders for SABMiller‘s Peroni and Grolsch beers has changed, with U.S. private equity firm KKR replacing Bain Capital, which was unwilling to engage in a bidding war . . . get full article
29 January, 2016
Barley news Russia: Russia may remove or cut export tax on wheat, impose one on barley and maize instead
Russia will consider removing or cutting an export tax on wheat and imposing one on barley and corn (maize) exports, First Deputy Agriculture Minister Evgenii Gromyko was quoted as saying . . . get full article
29 January, 2016 Article only for members with paid access
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