Trevor Stirling News
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Heineken NV may build a new brewery in Mexico as it wins back market share lost after its 2010 purchase of the nation’s second-largest brewer, said Marc Busain, the company’s top executive in the country.
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Faced with an armada of smaller competitors, the world’s biggest brewers are getting bigger.
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Pernod Ricard SA’s 80-year-old pastis brand is feeling its age.
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Anheuser-Busch InBev NV, the world’s biggest brewer, offered to cede full control of Corona distribution in the U.S. to Constellation Brands Inc. for $2.9 billion in a bid to salvage its purchase of Grupo Modelo after U.S. regulators sued to block the deal.
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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.
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Anheuser-Busch InBev NV, the world’s biggest brewer, is in talks with the U.S. Justice Department about concessions that might win approval for its purchase of the half of Grupo Modelo SAB it doesn’t already own, three people familiar with the matter said.
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Heineken NV, the world’s third- largest brewer by volume, said full-year profit is unlikely to grow, sending the shares down the most on record.
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Indians sip only two liters of beer a year, just one-twentieth the amount consumed by Chinese and less than one-fortieth by Americans. SABMiller Plc, Anheuser- Busch InBev NV and Carlsberg A/S see that as an opportunity.
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3G Capital Inc., the private-equity firm backed by Brazilian billionaire Jorge Paulo Lemann, has $1.4 billion that it could use to back Coty Inc.’s bid for Avon Products Inc., Trevor Stirling and Ali Dibadj, analysts at Sanford C. Bernstein & Co., said today in a note.
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In 2013, U.S. drinkers will be able to taste a new take on their iconic Budweiser. Black Crown, a stronger version of the American classic, is just one example of the brewer’s focus on faster, more dynamic innovation.
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