After struggling with slumping stock prices, increased competition and consumer complaints, Keurig Green Mountain stockholders received some good news for a change Dec. 7 when an investor group led by JAB Holdings acquired the single-serve coffee pod...
AB InBev says it is ‘surprised’ at SABMiller’s reaction to its mega-brewer proposal: after SABMiller yesterday rejected a $103.6bn / £68bn takeover approach.
Coke has hit back at investor David Winters after he insisted that an ‘excessive’ compensation deal proposed for management from 2014 will hit normal shareholders – including teachers and nurses – hard.
The Weener group, a German based global corporation, has acquired the remaining shares of the Mumbai headquartered Weener Empire Plastics (WEPL) for an undisclosed sum.
China Huiyuan Juice Group – once a $2.4bn takeover target for The Coca-Cola Company – suspended trading in its shares on the Hong Kong Stock Exchange today due to ‘possible inside information’.
Carlsberg says the Russian beer market is ‘difficult’ and admits it misjudged the impact of kiosk closures and the blow this dealt its Baltika 7 brand in particular.
UK firm Provexis has filed to demerge the Science in Sport (SiS) consumer sports brand it purchased for €10m in June 2011 from its Fruitflow tomato-based ingredients business, as it believes the separation will increase the market value and perception...
INDUSTRY VOICES: GUEST ARTICLE, HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG
After a quiet beginning to 2013, M&A activity is heating up in China’s beer market, as Carlsberg said on Monday it was considering upping its stake in Chongqing Brewery, intensifying the fight among global brewers for production assets there.
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 support the Dutch firm’s offer.
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 Asia Pacific Breweries (APB).
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 multi-billion dollar move for Asia Pacific Breweries (APB).
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 the offer as its 'best opportunity' to realize...
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 beers than its rivals.
Moscow stock exchange the MICEX has approved the delisting of Baltika Breweries from October 5, as Danish brewer Carlsberg continues it bid to acquire the company's outstanding share capital.
Ecolab said it has completed the US$8.3bn (€6.4bn) takeover of Nalco as part of a strategy to tap into global mega-trends such as food safety and the need for industry players to maximize operational efficiencies such as energy and water reductions.
Danone has agreed to sell its stake in China Huiyuan Juice Group for significantly less than what Coca-Cola offered before its acquisition bid was blocked last year by Chinese competition authorities.
Reports of my death have been greatly exaggerated, quipped Mark Twain. Predictions of the demise of Cadbury following the approval of Kraft’s offer are premature and are flawed by knee-jerk anti-Americanism.
Rumour, according to the Romans, is a feathered beast with a myriad eyes and tongues. Last week she went bristling through the Danish business pages, spreading the news that Danisco could be bought by a private equity firm.
The board of brewer Scottish & Newcastle has today rejected yet
another attempt by Carlsberg and Heineken to jointly acquire its
operations with an improved 780 pence per share bid, though it may
yet be forced to sell.
Norwegian fish oil producer EPAX is to be acquired by compatriot
Austevoll Seafood - a move that will give it a vertically
integrated supply from fishing to omega-3 oil supply and avoid
potential sourcing problems for the future.
Australian beer and wine group Foster's said it was unaware of any
takeover interest, after shares soared Tuesday amid rumours that
multinational brewers were circling to buy the group.
Britvic is looking to increase its presence in several markets
across Western Europe as part of a push to grow its international
soft drinks business, BeverageDaily.com has learnt.
San Miguel, the Philippines food and beverage group, has trumped a
rival bid from Fonterra, the world's biggest dairy exporter, to buy
Australia's National Foods, Tom Armitage reports.
Southcorp, the Australian winery being stalked by compatriot
Foster's, has made a bold suggestion to its would-be acquirer - a
merger with the Mildara Blass wine division which would create the
country's biggest wine group....
Italian spirit maker Campari has today confirmed that it is
increasing its stake in US unit Skyy Spirits, while earlier in the
week it was the turn of brewer SABMiller to increase its stake in
Italy's Peroni group, writes Chris...
Israeli flavour firm Frutarom, with clear ambitions to become one
of the top ten flavour players, is seeking a listing on the London
Stock Exchange to raise funds for imminent acquisitions.
The SABMiller vulture has begun to hover as doubt is cast on the
outcome of next week's shareholder vote on a merger with Coors,
writes Kim Hunter Gordon.
Cargill is to increase its stake in the Romanian edible oils market
with the acquisition of the local company Olpo Podari. And with
another possible acquisition on the cards, the giant US
agribusiness group clearly sees significant...
Emmi, the leading Swiss dairy company, has announced it is to make
an initial public offering (IPO) in a bid to bolster export sales
and consolidate investment across its nutritional dairy-based
drinks division, Tom Armitage reports.
Global packaging group Rexam, the world's leading beverage can
supplier, has acquired the 50 per cent shareholding it does not own
in the Mexican beverage can business, Vitro-American National Can
SA de CV (VanCan), from its...
Shares in the world's largest beverage company, Coca-Cola, have
sunk to their lowest price for 16 months after the soft drinks
giant forecast that it would make less money than expected in the
second half of 2004, blaming poor...
Management at the Royal Schouten group, parent of soy ingredients
business Acatris, has increased its share in the company under a
new shareholder structure designed to allow it to move more easily
on strategic developments, such...
Efes Breweries International (EBI) has confirmed that it will float
on the London Stock Exchange, following a 57 per cent growth rate
over the last two years.
In order to ensure sustained improvement, packaging giant Krones
yesterday proposed the conversion of non-voting preference shares
into Krones ordinary shares. The company believes that the
liquidity of the Krones stock will be enormously...
Alcan has confirmed further details of the acquisition of shares in
the Flexible Packaging Division of Hydro Aluminium Deutschland.
This will allow the company to expand its European operations and
penetrate the Asian market.
Rexam, the global consumer packaging company, has reached an
agreement with family shareholders to acquire 100 per cent of Lüner
Glashüttenwerke, a German glass container manufacturer.
CL Financial is to acquire a minority stake in the French vodka
group Belvedere just a few weeks after taking a majority share in
Scotch whisky maker Burn Stewart.
Burn Stewart, the Scotch whisky producer, has been bought by
Caribbean company Angostura. The long-expected deal will help boost
Angostura's international presence and reduce its dependency on
rum.