Coca-Cola Amatil (Amatil) is putting its sale to Coca-Cola European Partners (CCEP) to the vote next month, and the company has told shareholders the deal is as good as it gets, warning that share prices could fall if it doesn’t go ahead.
Troubled Australian wine group and takeover target Treasury Wine Estates wants to accelerate its high-value US business and is exploring possible acquisitions or takeovers there.
Carlsberg says it is taking an ‘important step forward’ in China with a $466m offer for a controlling stake in Chongqing Brewery Company (CBC), in a move to double the number of native breweries it directly controls.
Britvic and PepsiCo licensee AG Barr are locked in discussions over a merger, and with the latter's CEO Roger White earmarked for the top job, one M&A expert told BeverageDaily.com that Britvic CEO Paul Moody 'appears to be the casualty'.
The Australian Takeovers Panel has rejected SABMiller’s claim that Foster’s published “misleading and deceptive” information in its financial results last week.
Up to 20 per cent of Scottish & Newcastle's (S&N)
shareholders may be ready to support Carlberg and Heinekin's bid to
buy the UK-based brewer, according to an independent survey.
Scottish & Newcastle (S&N) today said that no part of
its operations are immune from restructuring designed to drive
greater value from its beer brands, part of the company's bid
to fight off a takeover offer by two rival...
SABMiller warns of problems ahead due to rising cost of raw
materials; Constellation Brands acquires US wine business of
Fortune Brands; and Scottish & Newcastle rejects
sweetened takover offer from Carlsberg and Heineken.
Scottish & Newcastle (S&N) is considering teaming up with
another brewer to buy Carlsberg's stake in Baltic Beverages
Holding, the Financial Times reported today.
It may be the season of Thanksgiving in the US, but that hasn't
stopped wine firms Constellation and Vincor ripping more chunks out
of each other in their hostile takeover battle.
Constellation has begun a hostile takeover attempt for Canadian
wine firm Vincor, but its intended prey says it is looking for
other suitors that are willing to pay a 'fair' price.