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.
A-B InBev bolsters Caribbean brewing ops
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.
Diageo acquires additional Halico stake
Vietnam: Global drinks giant Diageo has closed a Public Offer to acquire an additional 5.07% stake in Hanoi Liquor Joint Stock Company (“Halico”) for approximately £6.4 million.
Captain Morgan bar signals Diageo’s intent
The opening of a Captain Morgan branded bar on a tiny Bahamian island this last weekend signals Diageo GTME (Global Retail Middle East) division’s opening assault on the cruise line sector.
Africa: Diageo completes US$60m brewery acquisition
East African Breweries Limited (EABL), a subsidiary of Diageo, has completed the acquisition of 51% of the issued share capital of Serengeti Breweries Limited (SBL). EABL made the purchase from existing shareholders for a total consideration of approximately US$60.4million.
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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
