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TREVOR STIRLING
Tariffs might not happen but tequila is already paying the priceTequila producers face significant costs due to tariff threats from the U.S., impacting sales and causing stockpiling. Companies like Diage...- Diageo to acquire George Clooney’s tequila brand Casamigos for $1 billionThe deal expands the Londonbased distiller’s lineup in a fast-growing category, where it already owns the Don Julio, DeLeon and Peligroso b...
- AB InBev, Carlsberg bubble over in EuropeBeyond its Stella Artois and Corona, which posted sales growth of 21% and 18%, respectively, AB In-Bev is also seeking to ramp up sales of ...
- Asahi to Buy Beer Brands from AB InBev for $7.8 billionAsahi shares fell 4.6% by the close of Tokyo trading Tuesday, the biggest drop since June. AB InBev rose as much as 1.5% in Brussels.
- AB InBev ups offer for SABMiller after Brexit pound slumpThe world's biggest brewer is trying to address concerns from investors including Aberdeen, Elliott Management and Davidson Kempner Capital...
- SABMiller agrees to mega takeover by rival AB InBev for $109 bnAB InBev, the maker of Budweiser and Stella Artois lagers, struck a deal with the maker of Foster's and Grolsch at the fifth time of asking.
- AB InBev will sell Corona unit to salvage Grupo Modelo takeoverAnheuser-Busch InBev NV, the world's biggest brewer, offered to cede full control of Corona distribution in the US to Constellation Brands ...
- Whyte & Mackay may be put on block to smoothen Diageo dealAnalysts say that several industry players such as Italy's Gruppo Campari, Bacardi and Japanese firm Suntory would want to gulp up Whyte & ...
- Absolut maker may fetch $6bVin & Sprit, the Swedish owner of Absolut vodka, may be sold for about $6 billion in a government auction that begins next month.
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