SABMiller acquires Lion Nathan Chinese business
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SABMiller is upping its interests in China with a $154 million deal to acquire three breweries from Australian rival Lion Nathan. Through its joint venture China Resources Breweries, the global beer company
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The Coca-Cola Co.  said on  Tuesday it acquired a controlling stake in Kerry Beverages  Limited (KBL), its bottling joint venture with the Kerry Group,  a conglomerate based in Hong Kong.
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Lion Nathan Ltd, Australasia&#39;s second-largest brewer, is to sell its China beer business to China Resources Snow Breweries (CRSB) for US$154 million, the two companies announced yesterday.
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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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SHANGHAI  - SABMiller PLC, the world's second biggest brewer, and its joint venture partner China Resources Enterprise Ltd. are planning to build a brewery at a cost of &#36;82.3 million US that will tap the affluent market in southern China.
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WOLVERHAMPTON &amp; Dudley, Britainâs biggest regional brewer, said it was buying another beer-making company in a Â£119 million swoop as it posted improved profits for the year.
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After losing out on a bid to buy China&#39;s Harbin Brewery Group Ltd. to rival Anheuser-Busch Cos. Inc., Miller Brewing Co.&#39;s owner SABMiller plc is planning to build an $82.
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Brau Holding International, a joint venture involving Dutch brewer Heineken NV, has agreed to buy German brewer Fuerstlich Fuerstenbergische Brauerei, Heineken said Tuesday.
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Australia&#39;s second-largest brewer yesterday announced an agreement to sell its three Yangtze River Delta breweries to an SABMiller-China Resources Enterprises joint venture for $219 million.
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LONDON, August 27 (New Ratings) - Belgian brewing giant, Interbrew SA (ITK.ETR), has received the approval of its shareholders for its proposed acquisition of the Brazilian brewer, AmBev.
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The pound was firmer, hitting 1.9846 usd at one point -- its highest level this year, on news of a major stock market acquisition and as markets scaled back their interest rate cut expectations. Scottish & Newcastle, the UK's largest brewer, announced it has agreed to be bought by Carlsberg and Heineken, for around 7.6 billion pounds.
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AWB Ltd., Australia&#39;s monopoly wheat exporter, won a contract worth about A$340 million ($267 million) to supply China National Cereals, Oils and Foodstuffs Corp.
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Dutch brewer Heineken NV acquires one of Belarus' leading brewers Syabar Brewing Company.
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LVMH Moet Hennessy Louis Vuitton SA, the world&#39;s largest luxury-goods company, agreed to buy Scotland&#39;s Glenmorangie Plc for 300 million pounds ($545 million) to add the company&#39;s malt whisky to its stable of brands.
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Imperial Tobacco Group PLC , the UK maker of Lambert &amp; Butler, agreed to buy Commonwealth Brands for $1.9 billion to enter the US discount cigarette market.
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Restaurant operator branches out with purchase of the Golden Nugget.
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Scottish &amp; Newcastle, the drinks group that sells Foster&#39;s and Kronenbourg lager in Europe, announced yesterday that it is investing $171m (Â£88m) in the largest brewer in India.