Asahi aims to raise up to $1.5 billion in a share offering to repay loans taken out to buy Carlton & United Breweries from AB InBev.

Danish brewer Carlsberg expects to report an organic operating decline of 10% to 15% this year as a result of on-trade closures.

Sales of spirits, wine and beer continue to soar in the US off-trade as shoppers shun bars and restaurants in favor of drinking at home.

Campari Group has tied up a €23.4 million deal to purchase a 49% stake in Italy’s leading online wine and spirits retailer.

Diageo has suspended share buybacks for the rest of the year as a result of financial uncertainty sparked by the coronavirus outbreak.

Sparkling wine

01 November, 2012

Susanne Stauß takes a closer look at the global sparkling wine market

Indian whisky

09 July, 2012

The market for whisky in India is huge, but local brands have the lion’s share due to the exorbitant import tariffs. Christian Davis reports

Heineken has declared an intention to increase its share in a brewery in Haiti to 95%.

Vodka company Russian Standard has purchased a 9.9% share in CEDC (Central European Distribution Corporation) for $25.35 million.

Carlsberg UK chief executive Isaac Sheps is leaving to take over leadership of the brewer’s Russian business, Baltika, and its eastern European operations.

SABMiller, has formed a strategic alliance for Turkey, Russia, the CIS (Commonwealth of Independent States, former Soviet republics), central Asia and the Middle East with the Turkish brewer, Anadolu Efes.

Brown-Forman has announced that its board of directors has authorised the repurchase of up to $250 million of its outstanding Class A and Class B common shares until November 30, 2011, subject to market and other conditions.

Comment

Nick Strangeway

Bottled cocktails: The dos and don'ts

Pre-made cocktails have always carried a stigma, which I find odd. The romance of watching bartenders make drinks from scratch left pre-batched cocktails feeling cheap to many consumers, but lockdowns have forced this attitude to change.

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