Glass looks half full for Anheuser-Busch InBev’s Megabrew takeover of SABMiller September 27, 2016 The glass is looking half full for Anheuser-Busch InBev’s £79bn takeover of FTSE 100-listed drinks group SABMiller ahead of the final shareholder vote tomorrow. Sources close to the deal, dubbed Megabrew, are confident it will avoid any last minute glitches. Minority investors in SABMiller will vote on the tie-up tomorrow morning at a High Court [...]
Megabrew: Anheuser-Busch InBev shares rise on Euronext Brussels days after swallowing up SABMiller October 12, 2016 Shares in the world's largest brewer Anheuser-Busch InBev (AB InBev) have risen 1.6 per cent on the Euronext Brussels exchange two days after it swallowed up British drinks giant SABMiller in a £79bn takeover. AB InBev's stock was trading at €115.05 on the Euronext Brussels stock exchange, which is the primary listing for the newly-merged company. Read [...]
Ranked: The world’s best performing chief executives of 2017 as Inditex’s Pablo Isla and WPP’s Martin Sorrell take the top spots | City A.M. October 24, 2017 The boss of Zara’s parent firm Inditex, Pablo Isla, has been named the best-performing chief executive in the world for 2017, by the Harvard Business Review. The Spanish businessman, who ranked third last year, took the top spot for the first time, over WPP’s Sir Martin Sorrell. Since becoming chief executive in 2005, Isla has [...]
Craft brewer Camden Town has launched its £30m new brewery in Enfield to keep up with rising demand May 11, 2017 Craft beer fans will soon have a new hip spot to enjoy a drink. Camden Town Brewery has announced the launch of its new, £30m brewery in Enfield as brewing is set to kick off Monday. The Camden Hells maker said its doors will open to the public on 8 July with an all-day celebration [...]
Six months are nearly up: Time for a Kraft-y Unilever takeover July 14, 2017 The Unilever takeover bid by American food giant Kraft may be back on again, if analysts at Susquehanna Financial Group are to be believed. In a research note, they observe that while there’s no concrete evidence to suggest Kraft will make another offer, the circumstances make it likely that it will. Kraft has not openly [...]
Hello, Jan du Plessis: BT set to tap Rio Tinto boss as new chairman March 5, 2017 BT Group is expected to name Rio Tinto boss Jan du Plessis as its new chairman. Du Plessis has emerged as the frontrunner for the role, beating HSBC group chairman Douglas Flint, according to the Sunday Times. Du Plessis has also served as chairman of SAB Miller and overseen its sale to Belgian-Brazilian beer firm Anheuser-Busch [...]
Budweiser and AB InBev unwittingly get political with Super Bowl ad telling story of founder’s immigration to the US February 3, 2017 Budweiser and its owner Anheuser-Busch InBev have, apparently unwittingly, become embroiled in the American immigration debate. A 60-second Super Bowl TV advert, documenting the journey of the company’s co-founder Adolphus Busch from Germany to St Louis, has been interpreted as a pro-immigration message shortly after Donald Trump suspended entry from seven majority Muslim countries. Read [...]
AB InBev and Keurig are teaming up to build an in-home alcoholic drink maker January 9, 2017 Countertop coffee pod machines like the George Clooney-backed Nespresso have grown in popularity over recent years, changing the way people can get their caffeine fix. Now, coffee maker Keurig Green Mountain and brewer Anheuser-Busch InBev (AB InBev) are teaming up to create an in-home alcohol drink system in the same vein. The two announced this week they would enter a joint venture to focus [...]
Innis & Gunn has launched a “detox” beer with zero alcohol just in time for Dry January January 4, 2017 It's now the fourth day of Dry January, and even if you've read every list with tips on how to get through it, by now the craving to crack open a beer might be setting in. Scottish craft brewers Innis & Gunn have your answer: A new alcohol-free pale ale called Innis & None. Two million Brits are set to try [...]
AB InBev has ordered 40 Tesla Semi electric trucks to deliver beer December 7, 2017 Drinks giant AB InBev is the latest business to get an order in for Tesla’s electric truck. The maker of Stella Artois and Budweiser has put in an order for 40 of the vehicles, which are also have some driverless technology, to deliver its beers. Read more: Meet Tesla’s new Roadster: The fastest production car [...]