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Barr Barr Britvic, have you no new name?

AG Barr and Britvic have confirmed that they are extending the offer deadline regarding their potential merger to October 3, as reports suggest deadlock in talks to agree a new...

Carlsberg denies Heineken APB takeover drove Singha deal

Carlsberg has agreed a strategic partnership with Singha Corporation, and tells BeverageDaily.com it is confident the new venture will succeed where a previous Thai partnership with Chang Beverages failed amidst...

PepsiCo savors $363m US tax triumph over IRS

PepsiCo has won a US Tax Court judgment against the US Internal Revenue Service (IRS) which claimed the firm owed it circa. $363m in unpaid tax relating to operations in...

A.G Barr maintains Britvic merger radio silence

A.G Barr has not revealed any details on the progress of talks regarding its possible merger with PepsiCo bottler Britvic, as it reported H1 2012 results today.

Coca-Cola Refreshments hails 'confidence' in management as union tastes Texas defeat

Coca-Cola has hailed a 'vote of confidence' in management, after staff voted against making its Fort Worth bottling site the firm's first corporate-owned unionized plant in the South.

One small step for ThaiBev, one giant leap for Heineken…

Heineken has taken a giant leap forwards in its bid to take full control of Asia Pacific Breweries (APB), after rival ThaiBev and its concert parties said today they would...

'Shrewd' ThaiBev billionaire still in hunt for Singapore prize Asia Pacific Beverages

ThaiBev said today that its concert party aims to takeover Fraser & Neave (F&N) in a S$9bn deal, as rumors abound that the former’s billionaire chair still craves control of...

News in brief

Coke goes global with new operating structure

The Coca-Cola Company has announced a number of new leadership appointments to support its new global operating structure, and said the changes were intended to 'streamline reporting lines' and intensify...

Asian Tiger ThaiBev poised to pounce on F&N?

ThaiBev said today it is exploring the possibility of making an offer for Fraser & Neave (F&N) with an unnamed third party, in a move that could still disrupt Heineken’s...

Hershey sets up Indian subsidiary after ending Godrej joint venture

The Hershey Company has agreed a deal to buy Godrej Industries 49% stake in the two companies’ Indian joint venture and has announced plans to set up its own subsidiary:...

Coca-Cola Amatil sees 'enormous potential' in Foster's beer and spirit Bounty

Coca-Cola Amatil (CCA) has completed the acquisition of Foster's Fiji Business for A$58m by buying a holding of around 89.6% in Foster's Group Pacific Limited (FGPL), and aims to launch...

Pepsi bottler Suntory could gatecrash Britvic Barr party - analyst suggests

Japanese Pepsi bottler Suntory could enter the fray with a rival bid for Britvic, according to one City analyst, but he added that this was unlikely due to the firm’s...

Heineken S$5.6bn offer is our ‘best opportunity’ to realize value: Fraser & Neave chair

Fraser & Neave (F&N) announced today that shareholders will vote on the firm's proposed sale of its interest in Asia Pacific Breweries (APB) to Heineken on September 28, and hailed...

Moody cloud hangs over Britvic, AG Barr talks to thrash out merger

Britvic and PepsiCo licensee AG Barr are locked in discussions over a merger, and with the latter's CEO Roger White earmarked for the top job, one M&A expert told BeverageDaily.com...

Massive Campari takeover exploits ‘underdeveloped’ premium rum

Gruppo Campari today announced a US $414.7m deal to acquire Jamaican rum company Lascelles (LdM) de Mercado and said it planned to use its new heritage brands to spur 'underdeveloped'...

Soaring French spirits taxes rock Pernod Ricard

Pernod Ricard admits that the effects of a hefty 2012 French VAT hike on spirits has ‘severely affected’ the fortunes of key brand Ricard and other aniseed spirits with 45%+ ABV.

Coca-Cola Amatil tries premium beer goggles for size...

Coca-Cola Amatil (CCA) is one step closer to re-entering the Australian premium beer market, after announcing plans to lend JV the Australian Beer Company AUS $46m, as it leverages its...

Britvic takeover talk gathers pace with Fruit Shoot still off shelves

One industry source tells BeverageDaily.com that Britvic could be a takeover target following its ‘Magicap’ Fruit Shoot recall debacle, but doubts whether Unilever or Diageo would be likely suitors.

Star Turkish turn boosts Diageo spirits

Diageo CEO Paul Walsh says his firm’s H1 top line sales growth was driven by “real momentum” in emerging markets such as Turkey, a star performer following his firm’s acquisition of Mey...

Heineken bids to drive Russian beer up the value curve

Heineken says it investing heavily in its premium brands to improve its profitability in Russia following past pricing mistakes, but admits that it has more exposure to less profitable value...

Eurozone debt crisis rocks Coca-Cola Hellenic

Coca-Cola Hellenic (CCH) has warned that it expects to lose €55m due on its 2012 EBIT due to adverse currency movements, specifically the weakness of the euro against the US dollar....

F&N accepts Heineken’s S$5.6bn Asia Pacific Breweries offer

Dutch brewer Heineken has agreed to buy Fraser & Neave’s (F&N) controlling stake in Tiger beer-manufacturer Asia Pacific Breweries (APB) in a deal totalling S$5.6bn.

Carlsberg takes the bulls with the bears: Q2 results

Danish brewer Carlsberg’s latest results offered “something for the bulls and something for the bears” according to city firm UBS.

Molson Coors to launch Carling in Central Europe via StarBev business?

Molson Coors CEO Peter Swinburn says the company is scoping the possibility of extending its best-selling Carling brand to central European regions covered by $3.4bn acquisition StarBev.

Becoming a Japanese energy drink Monster isn’t easy…

Monster Beverage Corporation admits its Q2 brand launch in Japan has hit problems, but said the nation’s distributors and retailers were far less tolerant of shipping damages and leakages than...

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