CCA to sell Pacific Beverages stake if SAB Miller goes for Foster’s
Coca-Cola Amatil (CCA) has agreed to sell its stake in the Pacific Beverages joint venture to its partner SAB Miller if the latter acquires Foster’s.
Archives for June 22, 2011
SPX to expand and upgrade Danish processing testing hub
SPX Flow Technology has unveiled plans for an enlarged and upgraded state-of the-art innovation and testing hub for food and beverage processing systems.
Mystery coffee ingredient boosts protection against Alzheimer’s
New research suggests four to five cups of caffeinated coffee a day could help fight off Alzheimer’s disease, due to a mystery coffee ingredient that interacts with the drink’s caffeine content.
Analysts lukewarm over SAB Miller’s move on Foster’s
SAB Miller is likely to go higher to secure the purchase of Foster’s, but with the Australian beer market in decline, analysts have questioned the potential value of a tie-up.