Joh. A. Benckiser’s plan to buy D.E. Master Blenders 1753 NV already has analysts pondering the investment firm’s next move. One possibility: An asset swap with Beiersdorf AG’s largest shareholder, the Herz family’s Maxingvest AG, which owns German coffee company Tchibo GmbH.
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.
Echo Hopkins’ love of tequila began with a happy hour margarita at the Blue Moon Mexican Café in Bronxville, New York. Four years later, her tastes have matured, and she now eschews cheap margaritas in favor of tequilas costing $10-plus a shot meant to be sipped and savored.
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.