The billionaire founder of Microsoft has bought a 3.76% stake in Dutch drinks giant Heineken Holding NV, although Gates has previously said he was “not a big beer drinker”.

Tito’s Handmade Vodka has strengthened its presence in Eastern Europe and Central Asia with the appointment of new distributors in Georgia, Azerbaijan, and Kyrgyzstan.

Anheuser-Busch InBev’s Brazil-based arm AmBev and E. León Jimenes which owns 83.5% of Cervecería Nacional Dominicana (CND) are to form a 'strategic alliance' in the Caribbean.

Chinese regulators have approved Diageo’s acquisition of an additional 4% stake in Sichuan Chengdu Quanxing Group (Quanxing) from Chengdu Yingsheng Investment Holding Co (Yingsheng).