Brewer Scot &amp; New. to take 37% stake in Indian brewer
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LONDON (CBS.MW) -- UK brewer Scottish &amp; Newcastle (UK:SCTN) Monday confirmed an agreement to take up to a 37.5 percent stake in United Breweries, the largest brewer in India.
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SABMiller, the world&#39;s second largest brewer&#39;s Chinese joint-venture, China Resources Breweries Limited (CRB) has acquired the Chinese brewing interests of Lion Nathan for an equity value of $71-million and estimated assumed debt of $83-million, CRM
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Biggest UK brewer Scottish & Newcastle is to buy 37.5% of India's United Breweries, famed for its Kingfisher brand.
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BRITAINâS biggest brewer, Scottish and Newcastle (S&amp;N), is to launch a new assault on the Indian market after a Â£54.6 million tie-up with United Breweries.
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MONTREAL (CP) - Molson Inc. shares gained ground Friday after the brewer announced its shareholders will get a special premium if they agree to a proposed merger with Colorado beer maker Adolph Coors Co.
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The BAR Formula One team has officially been put up for sale by administrators Simon Morris and Andrew Hosking - but only to aid the restructuring of the team that will see Honda take a 45% stake in the Brackley based outfit.
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U.S. brewer Anheuser-Busch has  approached British peer Scottish & Newcastle Plc about helping  it in any bid for full control of Baltic Beverages Holding, The  Sunday Times newspaper reported.
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Carlsberg (CARLb.CO) and Heineken   on Friday agreed a joint cash bid of 800 pence a  share for Scottish and Newcastle (S&N)  that will split  up the British brewer of Foster's and Kronenbourg.
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Britainâs largest brewer, agreed to a Â£7.8 billion ($15.4 billion) takeover by the European rivals Carlsberg and Heineken.
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Brewers Carlsberg and Heineken will buy beermaker Scottish & Newcastle for $15.3 billion, the companies said Friday.
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U.S. brewer Anheuser-Busch  has approached British peer Scottish & Newcastle Plc  about helping it in any bid for full control of Baltic Beverages Holding, The Sunday Times newspaper reported.
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French drinks group Moet Hennessy, majority owned by LVMH, says it has agreed to buy Scottish whisky maker Glenmorangie for around 300 million pounds.
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Business & money: Brewing giant looking for a partner in a bid to seize control of its Russian joint venture with Carlsberg
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Anheuser-Busch Cos. Inc.  , the leading U.S. brewer, is planning to enter the  Indian market through a joint venture, the Economic Times daily  reported on Wednesday, quoting unidentified sources.
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Scottish & Newcastle, the British brewer being bought by Carlsberg and Heineken, said on Tuesday that it made a loss of 105 million pounds (139 million euros, 204 million dollars) in 2007.
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Glenmorangie, one of Scotland&#39;s last independent whisky distillers, is to be bought by French drinks firm Moet Hennessy for about Â£300m (433m euros).
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Global brewer and winemaker Foster&#39;s Group has sold its remaining 10 per cent stake in former subsidiary Australian Leisure &amp; Hospitality into the Woolworths takeover offer.