Fosters urges rejection of SABMiller offer18-Aug-2011Fosters is advising shareholders to ignore SABMiller’s (SAB) latest takeover bid, saying the offer price “undervalues the company”.
Rapid production expansion prepares for ‘booming’ Scotch Whisky future, Euromonitor16-Aug-2011Scotch Whisky manufacturers are in a drive to expand production capacity as the category expects to see healthy growth, particularly in emerging markets, says Euromonitor.
Diageo in $16m settlement over bribery charges01-Aug-2011UK beverage giant Diageo has paid $16m (€11m) to settle bribery charges against it by the US Securities and Exchange Commission (SEC).