INTERVIEW: Australia&#39;s Foster&#39;s Taps Russian Beer Market
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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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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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A London bar is launching a series of index-linked vodka cocktails in a bid to promote Russian business in Britain.
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Fosterâs, Australiaâs largest beer and wine maker, has been trying to sell Lensworth, aiming to focus on its beverage business.
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Shares in Australian beer and wine firm Foster's jump by more than 9% after a report says it could be a bid target.
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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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Starbucks  opened its  first coffee shop in Russia on Thursday, two years after it won  a legal battle to protect the right to its brand in the  fast-growing Russian market.
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Britain-based brewer SABMiller and a number of international rivals are interested in snapping up Colombian brewer Grupo Empresarial Bavaria, a source close to the case revealed.
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SYDNEY : Shares in Australian brewer and winemaker Foster&#39;s fell sharply in early trade amid disappointment over the poor performance of its US wine operations after the group reported year-to-June results.
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Australian brewer Fosters buys 18.8% of winemaker Southcorp and reveals they are in talks, triggering takeover rumours.
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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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Global beverages firm Foster&#39;s Group has sold its 10 per cent stake in pubs and bottleshops operator Australian Leisure and Hospitality Group Ltd (ALH) to Woolworths-led Bruandwo for $3.
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Brewing giant Fosterâs today said that higher annual profits from sales of beer overseas had been eroded by a sharp drop in US wine trade.
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The billionaire Russian  entrepreneur behind Russia's biggest vodka maker has paid $3  million to acquire the vodka.com domain, part of a bid to  expand into the U.S. market, a broker said on Thursday.
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LION Nathan has delivered on its promise to deal with competitive pressures in China, selling its business in the world&#39;s biggest beer market for a higher than expected $US154 million ($219 million).
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Putin signs law restricting airtime and content in effort to curb his country&#39;s alcohol intake. MOSCOW  - A sweeping ban on beer advertising in Russia became law Tuesday in a move to curb the country&#39;s
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The latest round of the global legal battle between Czech brewery Budejovicky Budvar and US beer giant Anheuser-Busch Ltd. remained open Tuesday after the European Union&#39;s high court passed the trademark case back to judges in Finland.