S&N extends Indian beer venture
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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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Two of the world's largest brewers - Belgium's Inbev and Holland's Heineken - announce new takeovers in Germany and Russia respectively.
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The UK&#39;s biggest brewer, Scottish &amp; Newcastle, is joining forces with India&#39;s United Breweries to form a group that will have more than 50 percent of the Indian beer market.
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The Indian United Breweries group has bought a major French wine producer in the west-central Loire region, the US investment company Starwood Capital said.
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HONG KONG : Brewing giant SABMiller has said that China Resources Breweries Ltd., a joint venture in which it has a 49-percent stake, has bought the Chinese brewing interests of Australian brewer Lion Nathan for 154 million dollars.
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Shareholders of Belgian brewer Interbrew SA gave unanimous backing Friday to the linkup of their family company with Brazil&#39;s Ambev to form the world&#39;s largest brewer by volume.
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Stepping up its expansion binge, Southeast Asiaâs largest food and beverage giant San Miguel Corp. (SMC) has launched aA$1.78-billion (US$1.38 billion) takeover bid for Australiaâs
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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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Belgium's Interbrew won approval from  shareholders on Friday to buy Brazil's AmBev in a deal valued  at about 8 billion euros ($9.7 billion), surpassing  Anheuser-Busch as the world's biggest brewer.
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InBev, the world's largest brewer by volume, said Thursday that strong growth in its premium Beck's and Stella Artois brands helped boost first-half profits at its Interbrew business but said the second half would be challenging. It disclosed plans to close a plant in Great Britain and another in Canada to improve efficiency.
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British brewer Scottish and Newcastle (S&N)  considers selling its Finnish holding company to block a potential joint bid from Carlsberg  and Heineken , a Sunday paper said.
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United Breweries Limited has decided to enter into a partnership with Scottish &amp; Newcastle, S&amp;N. Under this agreement, S&amp;N will get 17.5% of UBL&#39;s stake through a preferential allotment for Rs 217 crore (Rs 2.17 billion), or Rs 575 per share.
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JD Wetherspoon says Polish lagers are delivering the fastest sales growth experienced by bottled beers in its UK pubs.
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Business & money: Heineken takes another step to becoming Britain's biggest beer group after Â£7.8bn bid is confirmed
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MELBOURNE (Dow Jones)--Aiming to make Foster&#39;s Lager the world&#39;s third best-selling international beer by 2009, Australian drinks company Foster&#39;s Group Ltd.
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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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Scottish & Newcastle enters talks with Carlsberg and Heineken after an improved 800p-per-share bid proposal.