Diageo signs £1.3bn Turkish acquisition deal
Diageo has agreed a £1.3bn price tag for the Turkish spirits maker Mey Içki as the company works to deepen its presence in emerging markets.
Archives for February 22, 2011
Alpla wins German PET patent infringement case but Cobarr vows appeal
Austrian bottle and preform producer Alpla said it has secured an important legal victory in its battle with Italian company Cobarr over a disputed PET patent.
Carlsberg volumes slip on tough Russian comparison
Carlsberg has reported a sharp drop in organic beer volumes in the fourth quarter as the hike in Russian excise duties makes for a tough comparison with 2009.
Relaxation drinks are ‘looking for trouble’, says food and drug attorney
Makers of relaxation beverages could face problems in light of the FDA’s draft guidance on the distinction between dietary supplements and beverages, says New York-based food and drug attorney Marc Ullman.
Asian spurt prompts higher Pernod Ricard profit forecast
Pernod Ricard has upped its profit guidance for the full year as first half results indicate that sales momentum is building.