Bacardi in race for Sweden's Absolut vodka
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Bermuda-based drinks group Bacardi, maker of the world's leading rum brand, has written to the the Swedish government to express its interest in buying Swedish vodka brand Absolut, the Financial Times reported Monday.
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Dan Aykroyd is throwing his star power behind an $11 million winery that aims to boost the Niagara wine region's international profile.
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Australian soft drink bottler Coca-Cola Amatil Ltd. has launched a friendly Aust. $500 million ($382 million) bid for SPC Ardmona Ltd.
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Sweden has retained its title as world champion after three days of competition at the 21st Culinary Olympics held in Erfurt, eastern Germany, organisers said.
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The last major post-communist brewery is still in state hands for now. But an American rival looms large
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Sweden's centre-right government has  chosen four bidders in its auction of Vin & Sprit that will be  allowed to perform due diligence of the Absolut vodka maker,  business daily Dagens Industri reported on Sunday.
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NEW YORK With the Latin Grammys bound for Las Vegas, where it will mount the 8th annual music event on Nov. 8, show sponsors such as Heineken USA said they are betting their brands will win big with Latino consumers. And like last year&#39;s awards show, which counted a dozen or so new and returning brand sponsors, the upcoming event in its new home promises to be just as successful.
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RACINE, Wis. - A man may have found out firsthand just how nasty the competition is between the world's two biggest beermakers.
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Britain-based brewer SABMiller is the front-runner to gain control of Colombian peer Grupo Empresarial Bavaria, in a deal worth up to nine billion dollars (4.8 billion pounds).
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Three of the world's biggest spirit makers are interested in buying Absolut vodka, the Swedish government says.
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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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Absinthe, an intense alcoholic spirit favored by artists such as Degas, Van Gogh, and Hemingway, is making a comeback in the United States after being banned by the government for almost 100 years.
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A new sports drink brand, Accelerade, will battle Gatorade and Powerade for the hearts and mouths of thirsty athletes.
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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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Pioneering alcohol producers in southwestern France hope their particular kind of tipple -- organic cognac -- will soon flow on the European market.
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A wine-soaked road comedy and a cocaine-fueled drama led the list of contenders on Tuesday for the Independent Spirit Awards, the American art-house world's version of the Oscars.
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What clues does a blind vodka tasting hold for the EU as member states disagree on what raw ingredients should be allowed?