Anheuser-Busch InBev has agreed to pay $6m to settle charges that it 'violated the Foreign Corrupt Practices Act (FCPA); and chilled a whistleblower who reported the misconduct', according to the Securities and Exchange Commission (SEC).
Diageo says it is ‘working to respond fully’ to a US inquiry on its distribution in the country, reportedly over allegations that it has been shipping excess inventory to distributors in order to boost sales figures.
Carlsberg has confirmed to BeverageDaily.com that it is under scrutiny as part of a wider, ongoing investigation by the German Federal Cartel Office, which also includes AB InBev.
Monster Beverage plans to launch a protein-rich energy drink range called Muscle Monster in 15.5oz cans, as well as a zero-calorie, zero sugar energy option, in H1 2013.
The Coca-Cola Company revealed yesterday that City of Atlanta regulatory authorities may seek monetary or other sanctions against it due to potential inaccuracies in wastewater reports submitted by its Atlanta syrup plant.
Mexican authorities are reportedly examining a $76m trade brokered by UBS in Coca-Cola FEMSA shares just hours before the firm announced its acquisition of rival bottler Grupo Yoli on January 17.
US federal investigators are investigating Coca-Cola's dealings
with Japanese company Takasago International in connection with
allegations of channel stuffing. It is alleged that the beverage
giant overstated financial results...
Alcan has announced that the provisional results of its offer for
French packaging group Pechiney, as disclosed by the French stock
market authority AMF, indicate that Alcan has secured 92.21 per
cent of Pechiney's total share...
