SABMiller Venture to Buy Lion Nathan&#39;s China Brewers
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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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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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Brewer Scottish & Newcastle said Friday it had accepted a 7.8 billion pound takeover bid by Carlsberg of Denmark and Heineken of the Netherlands.
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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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The brewers will buy and break up Scottish and Newcastle in an effort to raise Carlsbergâs position in Russia and Heinekenâs presence in Western Europe.
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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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Beer giant Anheuser-Busch Cos. Inc. continues to grow its international business, reaching a cooperation agreement with the largest brewer in Vietnam.
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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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Brewing giant SABMiller Plc said on  Wednesday it would welcome merger talks with Canada's Molson  Inc. if the Canadian brewer's own $8 billion merger with U.S.  beermaker Adolph Coors Co. were to fail.
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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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Anheuser-Busch is looking to add some oomph to the beer market. Come November, the world&#39;s largest brewer looks to introduce its latest beer.
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BERLIN - German-based chemical maker BASF AG said Monday it is buying a Chinese company that makes motorcycle emissions-control catalysts.  The value of the deal for Guilin Reecat Catalyst Co. Ltd. of China was not disclosed.
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InBev, the world&#39;s largest brewer by volume, said Thursday it had acquired total control of the Chinese beer business of Malaysia Lion Group.
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The world's largest beermaker, Inbev, agrees to a deal which will give it near-total control of Russian brewer Sun Interbrew.
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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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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.
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Miller Brewing Co. said on Monday that  parent company SABMiller Plc  reached an agreement with  The McKenzie River Corp. to acquire two alcoholic drink brands  for &#36;215 million.