AB InBev’s Profit Rises Despite Volume Reduction
AB InBev experiences a rise in profits for the third quarter despite a drop in volumes.The company's profits increased by 13.9% to £1.48 billion, while sales grew by 2.1%.Overall volumes…
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Anheuser-Busch confirms plans to take full control of Mexican Modelo
Belgian brewer Anheuser-Busch InBev NV (EBR:ABI), or AB Inbev, confirmed it was in talks over a potential deal that would expand its existing relationship with 50%-owned Mexican Grupo Modelo SAB…
Guinness Peat sells its stake in London-listed brewer Young & Co
British diversified investment holding Guinness Peat Group Plc (LON:GPG) said on Thursday it had exited domestic pub operator Young & Co's Brewery Plc (LON:YNGA) after selling its entire holding in…
Dutch brewer Heineken acquires Belgian cider maker Stassen
Netherlands-based brewing major Heineken NV (AMS:HEIA) said today it had bought Belgian cider maker Stassen SA from its management for an undisclosed sum. Through the deal, which is pending customary…