AB InBev acquires majority stake in BeatBox for $490m
Brewing giant Anheuser-Busch InBev (AB InBev) has announced plans to acquire an 85% stake in ready-to-drink brand BeatBox, for approximately $490m.
AB InBev volumes decline driven by Brazil and China
Budweiser owner AB InBev has announced its second-quarter sales volumes, which saw a drop due to weak demand in Brazil and China, resulting in a 1.9% decline in global volumes.
AB InBev targets 4% to 8% medium-term growth
The new chief executive of AB InBev has set a core profit growth target of 4% to 8% for the medium-term.
AB InBev agrees 20-year deal to replace Heineken as JD Wetherspoon's largest supplier
AB InBev has signed a 20-year deal to replace Heineken as the main beer supplier to UK pub giant JD Wetherspoon.
AB InBev surpasses pre-pandemic sales
AB InBev increased volume sales by 20.8% in Q2 as bars around the world started to welcome thirsty customers back into the fold.
AB InBev has announced that North America president Michel Doukeris will succeed veteran leader Carlos Brito as chief executive this summer.
AB InBev claims top spot in the UK sales chart
AB InBev has become the UK’s number one brewer by volume sales since the start of 2020.
AB Inbev rolls out Hoppy app for consumer downloads
AB Inbev has turned to gamification in a bid to whip up a passion for beer among younger generations of drinkers.
AB Inbev reports 32% sales decline in April
AB Inbev has warned that Q2 trading will be “materially worse” than the previous three months due to brewery closures and supply chain disruption.
AB Inbev slashes dividend in half
AB Inbev has slashed its proposed dividend in half due to the uncertainty, volatility and continued impact of the COVID-19 pandemic.
AB Inbev has drawn down the entirety of a $9bn loan facility from global banks as it bids to ride out the coronavirus outbreak.
Mexico: A-B InBev to buy Modelo for US$20bn
Budweiser and Stella brewer A-B InBev is to acquire the remaining stake in Corona Extra brewer Grupo Modelo for US$20.1 billion ( MXN 278.6 billion).
Budweiser extends FIFA sponsorship
Anheuser-Busch InBev is to extend its official beer sponsorship to the 2018 FIFA World Cup Russia and the 2022 FIFA World Cup Qatar.
Budweiser to partner The FA Cup
Budweiser has signed a three-year agreement with The Football Association to become the ‘lead partner’ of The FA Cup.
European court rejects AB InBev’s bid for Community Trade Mark
An attempt by AB InBev to register the Budweiser trademark as a Community Trade Mark within the EU has been rejected by the European Court of Justice.
Mexico/US: Arbitrators settle AB InBev/Modelo row
An arbitration panel has said that the combination of Anheuser-Busch and InBev did not violate the investment agreement between Anheuser-Busch and Mexican drinks giant Grupo Modelo.
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The future for bar shows
The way in which cocktail culture is championed has morphed over the years, but Danil Nevsky says the way forward is to put an emphasis on greater inclusion of the general public in bar shows
