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Tag Archive: SABMiller

SABMiller Revenues Up 5% In First Half, But U.S. Sales To Retailers Decline 2.5%

SABMiller posted a 5% revenue rise on 1% volume growth in the six months through September, driven by strong performances in Latin America and Africa, where revenues increased 9% and 8% respectively. Continue reading →

Posted in News on October 14, 2014

Heineken NV Rejects SABMiller Takeover Bid

Third-ranked global brewer Heineken has rebuffed an acquisition proposal by second-ranked SABMiller, saying it had consulted with its majority shareholder, the Heineken family—which controls slightly more than 50% of voting shares—and deemed the bid “nonactionable.” Continue reading →

Posted in News on September 15, 2014

News Briefs for August 27, 2014

•Beam Suntory has named former SABMiller exec Mauricio Restrepo as chief financial officer, effective early this fourth quarter. Continue reading →

Posted in News on August 27, 2014

Diageo’s Shares Rise On Rumors Of Merger With SABMiller

After falling to its lowest point in nearly two months late last week, Diageo’s share price has enjoyed a bounce amid rumors of a potential merger between itself and SABMiller. Continue reading →

Posted in News on June 30, 2014

Molson Coors CEO Calls Craft Segment “Overvalued,” Hints At Buyout Of SABMiller Stake

Molson Coors CEO Peter Swinburn offered his thoughts on surging acquisition prices in the craft brewing industry and the possibility of Molson Coors buying out U.S. joint venture partner SABMiller in a series of interviews yesterday. Continue reading →

Posted in News on June 27, 2014

Craft Brewing and Distilling News for June 4, 2014

•Bend, Oregon’s Deschutes Brewery is prepping the release of three new specialty entries this month. Continue reading →

Posted in News on June 4, 2014

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