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.