AB faces more competition from SABMiller in China
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London&#39;s SABMiller has agreed to buy the Chinese brewing business of Australia&#39;s Lion Nathan for US$154 million, it said Wednesday.
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A dispute between Groupe Danone, the French dairy and beverage maker, and its Chinese partner, the beverage maker Wahaha, has become even stranger.
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ST. LOUIS - In an effort to revive flattening sales and attract new drinkers, Anheuser-Busch is unveiling a new concoction - a fruity-smelling beer, spiked with caffeine, guarana and ginseng...
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The company has been rebuffed in Australia as it tries to grow.
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Brewing giant SABMiller has plenty of firepower for potential acquisitions, with the ability to raise up to $2.5 billion in debt even before tapping its record level shares, the firm said on Thursday.
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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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Competition makes for a dreary outlook for the company.
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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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A dispute between Groupe Danone, the French multinational company, and a brash Chinese executive has escalated into a battle for control of the countryâs largest beverage maker.
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Brewing giant SABMiller PLC reported strong third-quarter sales volumes Tuesday amid difficult trading conditions in some markets.
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NEW YORK -- Investors' appetites for new alternative energy companies remain robust but tastes have shifted: while ethanol makers seem to have exhausted their favor, Chinese solar cell makers continue to pull in fresh capital.
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BREWING giant SABMiller, which was pipped at the post by arch-rival Anheuser Busch in the race for China&#39;s Harbin Brewery earlier this year, has bought the business of Australia&#39;s Lion Nathan in the country.
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The low-carbohydrate American beer Miller Lite, which is locked in a bitter brand war with its rival Bud Lite, was the star performer for SABMiller, helping the brewer to a 28% rise in half-year underlying operating profits.
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No. 2 U.S. beermaker SABMiller's   move to combine American operations with No. 3 Molson  Coors  will likely be approved even though it will  increase market concentration, antitrust experts said.
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Consumer goods company is facing its challenges and looking for a turnaround.
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The brewery, struggling with domestic weakness, falls short of its earnings target.
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ATLANTA -- Anheuser-Busch Cos. was dethroned as the King of Beers as US drinkers switched to imports. The brewer's best shot at regaining the crown rests on distributing those rivals' beers in its home market.