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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Anheuser-Busch Cos. Inc. will be the exclusive alcohol sponsor for the Super Bowl through 2012, and the world&#039;s largest brewer is adding other sports to its long list of sponsorships.
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MUMBAI, NOVEMBER 1: India Inc is stepping up acquisitions abroad. In its latest shopping abroad, Tata group firm Videsh Sanchar Nigam Ltd (VSNL) has signed an agreement to buy Bermuda-based Tyco Global Network
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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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SABMILLER, the worldâs second-largest brewer, and its Chinese partner will pay some Â£86 million in cash and acquired debt for three Chinese breweries.
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UK-based brewer SABMiller has completed the acquisition of the Foster's business and brand in India for 120 million dollars (94.4 million euros).
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SABMiller Plc, the world&#39;s second- largest brewer, said its Chinese venture agreed to buy three unprofitable breweries in China from Lion Nathan Ltd.
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SABMiller, the world's third largest brewer, reports an 80% surge in profits helped by US and South African demand.
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Whitbread, the leisure company that owns brands including Costa Coffee, says it plans to expand into India.
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Interbrew SA, the maker of Beck&#39;s and Stella Artois beer, and Brazil&#39;s Cia. de Bebidas das Americas completed their combination today after winning joint shareholder approval.
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The nationâs largest brewer said an increase in international sales helped push its profit up 11 percent in the third quarter.
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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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Brewers Carlsberg and Heineken will buy beermaker Scottish & Newcastle for $15.3 billion, the companies said Friday.
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Carlsberg and Heineken on Friday finally agreed a cash bid of 7.8 billion pounds ($15.3 billion) to buy and break up Scottish and Newcastle (S&N) to boost the Danish brewer's position in Russia and the Dutch group's presence in western Europe.
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Coffee shop chain Starbucks Corp.  will send a revised application for its entry into India after its earlier proposal for a franchise operation was put on hold, the Business Standard newspaper said on Wednesday. India's Department of Industrial Policy and Promotion is of the view that the U.S. firm should enter through a foreign direct investment route as its franchise plan did not conform to foreign investment norms, the paper said, citing a government official.
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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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Scottish & Newcastle enters talks with Carlsberg and Heineken after an improved 800p-per-share bid proposal.