Beer and breweries by region http://www.globalpost.com/taxonomy/term/27217/all en UPDATE 1-SABMiller sales growth held back by subdued China http://www.globalpost.com/dispatch/news/thomson-reuters/130122/update-1-sabmiller-sales-growth-held-back-subdued-china <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON, Jan 22 (Reuters) - China's coldest winter in 28 years hit lager sales at SABMiller, holding back volume growth in the third quarter for the global brewer.</p> <p>The London-based company, which operates joint venture CR Snow in China, on Tuesday said volumes declined 3 percent in China in the three months to end-Dec.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130122/update-1-sabmiller-sales-growth-held-back-subdued-china" target="_blank">read more</a></p> Beer Beer and breweries by region Business SABMiller SABMiller Thomson Reuters Tue, 22 Jan 2013 08:45:32 +0000 5737615 at http://www.globalpost.com http://www.globalpost.com/dispatch/news/afp/130131-3 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>US Justice to sue to block $20 bn Anheuser-Busch Inbev takeover of Modelo</p> <p>pmh/vs</p> Anheuser-Busch InBev Beer and breweries by region Leuven AFP Thu, 31 Jan 2013 16:45:17 +0000 5741868 at http://www.globalpost.com URGENT ¥¥¥ US sues to block $20 bn AB InBev takeover of Modelo http://www.globalpost.com/dispatch/news/afp/130131/urgent-us-sues-block-20-bn-ab-inbev-takeover-modelo <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>US antitrust authorities filed suit Thursday to block the $20.1 billion takeover of Mexican brewer Grupo Modelo by US giant Anheuser-Busch InBev.</p> <p>The US Justice Department said the takeover "would substantially lessen competition in the market for beer in the United States... resulting in consumers paying more for beer and having fewer new products from which to choose."</p> <p>pmh/jm</p> Anheuser-Busch InBev Beer Beer and breweries by region AFP Thu, 31 Jan 2013 16:45:43 +0000 5741877 at http://www.globalpost.com US sues to block $20 bn AB InBev takeover of Modelo http://www.globalpost.com/dispatch/news/afp/130131/us-sues-block-20-bn-ab-inbev-takeover-modelo <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>US antitrust authorities sued Thursday to block the $20.1 billion takeover of Mexican brewer Grupo Modelo by Belgian-US giant Anheuser-Busch InBev, saying the combined firm would have too much power over the US beer market.</p> <p>The move put on hold the takeover announced last June that would give the combined company, with brands like Budweiser, Stella Artois and Corona, a 46 percent hold on the US market, according to the Justice Department, and a bigger lock on Mexico's.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130131/us-sues-block-20-bn-ab-inbev-takeover-modelo" target="_blank">read more</a></p> Anheuser-Busch InBev Beer Beer and breweries by region Technology AFP Thu, 31 Jan 2013 17:30:24 +0000 5741948 at http://www.globalpost.com US sues to block $20 bn AB InBev takeover of Modelo http://www.globalpost.com/dispatch/news/afp/130131/us-sues-block-20-bn-ab-inbev-takeover-modelo-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>US antitrust authorities sued Thursday to block the $20.1 billion takeover of Mexican brewer Grupo Modelo by Belgian-US giant Anheuser-Busch InBev, saying the combined firm would have too much power over the US beer market.</p> <p>The move put on hold the takeover announced last June that would bring together brands like Budweiser, Stella Artois and Corona in the world's largest beer company, and give it a 46 percent hold on the US market and a bigger lock on Mexico's.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130131/us-sues-block-20-bn-ab-inbev-takeover-modelo-0" target="_blank">read more</a></p> Anheuser-Busch InBev Beer Beer and breweries by region Technology AFP Thu, 31 Jan 2013 18:45:46 +0000 5742100 at http://www.globalpost.com US sues to block $20 bn AB InBev takeover of Modelo http://www.globalpost.com/dispatch/news/afp/130131/us-sues-block-20-bn-ab-inbev-takeover-modelo-1 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>US antitrust authorities sued Thursday to block the $20.1 billion takeover of Mexican brewer Grupo Modelo by Belgian-US giant Anheuser-Busch InBev, saying the combined firm would have too much power over the US beer market.</p> <p>The move put on hold the takeover announced last June that would bring together brands like Budweiser, Stella Artois and Corona in the world's largest beer company, and give it a 46 percent hold on the US market and a bigger lock on Mexico's.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130131/us-sues-block-20-bn-ab-inbev-takeover-modelo-1" target="_blank">read more</a></p> Anheuser-Busch InBev Beer Beer and breweries by region Technology AFP Thu, 31 Jan 2013 22:30:03 +0000 5742278 at http://www.globalpost.com US sues to block $20 bn AB InBev takeover of Modelo http://www.globalpost.com/dispatch/news/afp/130131/us-sues-block-20-bn-ab-inbev-takeover-modelo-2 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>US antitrust authorities filed suit Thursday to block the $20.1 billion takeover of Mexican brewer Grupo Modelo by Belgian-US giant Anheuser-Busch InBev.</p> <p>The US Justice Department said the suit "seeks to prevent the companies from merging and to preserve the existing head-to-head competition between the firms that the transaction would eliminate."</p> <p>"If ABI fully owned and controlled Modelo, ABI would be able to increase beer prices to American consumers," said assistant attorney general Bill Baer, who heads the Justice Department's anti-trust division.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130131/us-sues-block-20-bn-ab-inbev-takeover-modelo-2" target="_blank">read more</a></p> Anheuser-Busch InBev Beer Beer and breweries by region United States AFP Fri, 01 Feb 2013 01:00:19 +0000 5742401 at http://www.globalpost.com US sues to block $20 bn AB InBev takeover of Modelo http://www.globalpost.com/dispatch/news/afp/130131/us-sues-block-20-bn-ab-inbev-takeover-modelo-3 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>US antitrust authorities filed suit Thursday to block the $20.1 billion takeover of Mexican brewer Grupo Modelo by Belgian-US giant Anheuser-Busch InBev.</p> <p>The US Justice Department said the suit "seeks to prevent the companies from merging and to preserve the existing head-to-head competition between the firms that the transaction would eliminate."</p> <p>"If ABI fully owned and controlled Modelo, ABI would be able to increase beer prices to American consumers," said Bill Baer, the assistant attorney general who heads the Justice Department's anti-trust division.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130131/us-sues-block-20-bn-ab-inbev-takeover-modelo-3" target="_blank">read more</a></p> Anheuser-Busch InBev Beer Beer and breweries by region Technology AFP Fri, 01 Feb 2013 01:00:43 +0000 5742410 at http://www.globalpost.com Kirin to sell entire stake in Singapore's F&N http://www.globalpost.com/dispatch/news/afp/130201/kirin-sell-entire-stake-singapores-fn <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Japanese beverage giant Kirin said Friday it will sell its entire 15 percent stake in Singapore's Fraser and Neave (F&amp;N) to a Thai tycoon on the verge of taking full control of the conglomerate.</p> <p>Tokyo-based Kirin said in a statement on its website it will earn Sg$2.03 billion ($1.64 billion) from the sale of its 14.76 percent F&amp;N stake to TCC Assets, a firm controlled by Thai billionaire Charoen Sirivadhanabhakdi.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130201/kirin-sell-entire-stake-singapores-fn" target="_blank">read more</a></p> Beer Beer and breweries by region Business F&N Kirin Group Technology AFP Fri, 01 Feb 2013 09:30:23 +0000 5742681 at http://www.globalpost.com UPDATE 2-SABMiller-led JV to buy Chinese breweries for $863 mln http://www.globalpost.com/dispatch/news/thomson-reuters/130205/update-2-sabmiller-led-jv-buy-chinese-breweries-863-mln <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Donny Kwok and Alison Leung</p> <p>HONG KONG, Feb 5 (Reuters) - SABMiller, the world's second-biggest brewer, is to expand further into high-growth regional markets in China after CR Snow, a local joint venture, agreed to buy Kingway Brewery assets for 5.38 billion yuan ($863 million).</p> <p>Asia's $258 billion beer market is growing twice as fast as the rest of the world, leading to rising competition and expectations of more industry deals in the region this year.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130205/update-2-sabmiller-led-jv-buy-chinese-breweries-863-mln" target="_blank">read more</a></p> Beer Beer and breweries by region Beer and breweries in China Business Technology Thomson Reuters Tue, 05 Feb 2013 13:15:57 +0000 5746354 at http://www.globalpost.com Brewer SABMiller says agrees to buy Chinese brewer http://www.globalpost.com/dispatch/news/afp/130205/brewer-sabmiller-says-agrees-buy-chinese-brewer <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Britain-based brewer SABMiller on Tuesday said that its Chinese joint-venture had agreed to buy the brewery business of China beer maker Kingway for US$864 million (638 million euros).</p> <p>"SABMiller plc announces that China Resources Snow Breweries Limited, its joint venture with China Resources Enterprise, has entered into an agreement with Kingway Brewery Holdings Limited to acquire its brewery business for a total cash consideration of 5.38 billion yuan," a statement said.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130205/brewer-sabmiller-says-agrees-buy-chinese-brewer" target="_blank">read more</a></p> Beer Beer and breweries by region Beer and breweries in China AFP Tue, 05 Feb 2013 13:31:03 +0000 5746375 at http://www.globalpost.com UPDATE 3-SABMiller joint venture to buy Chinese breweries for $863 mln http://www.globalpost.com/dispatch/news/thomson-reuters/130205/update-3-sabmiller-joint-venture-buy-chinese-breweries-863-mln <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Donny Kwok and Alison Leung</p> <p>HONG KONG, Feb 5 (Reuters) - SABMiller, the world's second-biggest brewer, is to expand further into high-growth regional markets in China after a local joint venture agreed to buy Kingway Brewery assets for 5.38 billion yuan ($863 million).</p> <p>Asia's $258 billion beer market is growing twice as fast as the rest of the world, leading to rising competition and expectations of more industry deals in the region this year.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130205/update-3-sabmiller-joint-venture-buy-chinese-breweries-863-mln" target="_blank">read more</a></p> Beer Beer and breweries by region Beer and breweries in China Business Technology Thomson Reuters Tue, 05 Feb 2013 15:45:09 +0000 5746508 at http://www.globalpost.com UPDATE 6-AB InBev revises Modelo beer deal to clear US objections http://www.globalpost.com/dispatch/news/thomson-reuters/130214/update-2-ab-inbev-revises-modelo-deal-meet-us-objections <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* AB InBev to sell brewery and brand rights to Constellation</p> <p>* Synergy gain target raised to $1 bln from $600 mln</p> <p>* Shares up 5.9 pct, among strongest European blue chips</p> <p>* Constellation shares up 36 percent, Modelo's up 4.8 percent</p> <p>* Justice Dept says giving proposal "serious consideration"</p> <p>By Philip Blenkinsop</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130214/update-2-ab-inbev-revises-modelo-deal-meet-us-objections" target="_blank">read more</a></p> AB InBev Anheuser-Busch InBev Beer Beer and breweries by region Leuven Thomson Reuters Thu, 14 Feb 2013 11:00:21 +0000 5755331 at http://www.globalpost.com CORRECTED-US STOCKS-Wall St dips off 5-year highs after Europe, Japan data http://www.globalpost.com/dispatch/news/thomson-reuters/130214/us-stocks-wall-st-dips-5-year-highs-after-europe-japan-data <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>(Corrects to show AB InBev, not Constellation Brands, is taking over Grupo Modelo)</p> <p>* Constellation soars after revised AB InBev-Modelo deal</p> <p>* Cisco, GM results hurt by Europe weakness</p> <p>* Berkshire and 3G Capital to buy Heinz, shares soar</p> <p>* Indexes off: Dow 0.1 pct, S&amp;P 0.1 pct, Nasdaq 0.3 pct</p> <p>By Rodrigo Campos</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130214/us-stocks-wall-st-dips-5-year-highs-after-europe-japan-data" target="_blank">read more</a></p> Anheuser-Busch InBev Beer and breweries by region Business Cisco Systems Deep packet inspection Leuven Thomson Reuters Thu, 14 Feb 2013 15:46:05 +0000 5755448 at http://www.globalpost.com CORRECTED-US STOCKS-Wall St erases earlier losses; M&A supports http://www.globalpost.com/dispatch/news/thomson-reuters/130214/us-stocks-wall-st-erases-earlier-losses-ma-news-data-support <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>(Corrects to show AB InBev, not Constellation Brands, is taking over Grupo Modelo)</p> <p>* U.S. jobless claims hint at firming job market</p> <p>* Berkshire and 3G Capital to buy Heinz, whose shares soar</p> <p>* Constellation up after revised AB InBev-Modelo deal</p> <p>* Indexes: Dow, S&amp;P flat; Nasdaq down 0.1 pct</p> <p>By Angela Moon</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130214/us-stocks-wall-st-erases-earlier-losses-ma-news-data-support" target="_blank">read more</a></p> Anheuser-Busch InBev Beer and breweries by region Dow Jones & Company Leuven Thomson Reuters Thu, 14 Feb 2013 16:57:39 +0000 5755472 at http://www.globalpost.com