Unilever, the world’s second-largest consumer-goods maker, said sales growth weakened in the third quarter amid a further slowdown in emerging markets, sending the shares down the most in almost two years.
Joh. A. Benckiser Group’s $340 million takeover of Caribou Coffee Co. may be a small step in a larger plan to take on the likes of Nestle SA and Starbucks Corp. for leadership in the $45 billion global coffee market.
Anheuser-Busch InBev NV’s possible bid for the rest of Grupo Modelo SAB heralds an intensified beer face-off in Mexico as an industry once dominated by home-grown brewers stands to lose its last local ties.
Heineken NV, the world’s third- biggest brewer, raised its offer for a controlling stake in Asia Pacific Breweries Ltd. to S$5.6 billion ($4.5 billion) to prevent a company linked to a Thai billionaire from disrupting its takeover plans.
SABMiller Plc, the world’s second- biggest brewer, reported sales in the growth markets of Latin America and Africa that missed analysts’ estimates, taking the shine off an improved performance in Europe.
After years of development, Sara Lee Corp. mothballed a machine that makes cups of coffee from freshly ground beans. Now, managers of Sara Lee spinoff D.E Master Blenders 1753 NV are counting on the machine to help turn the company around and unseat Kraft Foods Inc. as the world’s No.2 coffee maker.
Danone SA , owner of the Evian and Volvic bottled-water brands, is talking with Japanese beverage makers about the sale of part or all of its water business, said three people with knowledge of the matter.