Beverages Brewers

  • NEW YORK, July 21- Brewers Anheuser-Busch InBev and SABMiller received U.S. antitrust approval for their $107 billion merger on Wednesday, bringing the largest-ever consumer products deal a big step closer to completion. The deal has already been cleared by Australia, Europe and South Africa, and AB InBev said it still expects closure this year.

  • LONDON, July 21- Brewer SABMiller, in the process of being bought by Anheuser-Busch InBev, reported lower quarterly revenue on Thursday, hurt by tough conditions in some African markets. Excluding the impact of acquisitions, disposals and currency fluctuations, revenue rose 2 percent as gains in Europe, South Africa and Latin America offset more challenging...

  • NEW YORK, July 20- Anheuser-Busch InBev and SABMiller received approval for their $107 billion merger from U.S. antitrust regulators on Wednesday after the companies agreed to unload beer assets and preserve competition from independent craft brewers. The Belgian brewer will make concessions beyond its publicly stated offer to sell it stake in...

  • NEW YORK, July 20- U.S. antitrust regulators approved on Wednesday a $107 billion deal to combine the world's top two brewers, Anheuser-Busch InBev and SABMiller, after securing an agreement from the companies to unload U.S. beer assets and preserve competition from independent craft brewers. "The remedy we secured will help preserve and promote competition in...

  • July 20- The world's top two brewers, Anheuser-Busch InBev and SABMiller, have won U.S. antitrust approval to merge, Ab InBev said on Wednesday. The deal, which was announced in November of last year, is worth about $100 billion. To win approval for the deal, Denver- based Molson Coors will buy SABMiller's 58 percent stake in their U.S. joint venture.

  • KAMPALA/ NAIROBI, July 15- International brewers in Africa are expanding their production of beers based on local ingredients, snapping up craft brewers and introducing more brands as low-cost beers gain popularity on the fast-growing but still poor continent. Diageo unit Uganda Breweries Limited has pinned hopes on Ngule, or "Crown" in the Luganda language,...

  • JOHANNESBURG, June 30- South Africa cleared Anheuser-Busch Inbev's $100 billion- plus deal to acquire SABMiller on Thursday, putting the world's largest brewer "on track" to complete the merger within the next six months. The Competition Tribunal, which gives the final word on mergers in Africa's most industrialized country, said in a statement that...

  • *Judge also presiding over unrelated Trump University case. June 17- MillerCoors LLC won the dismissal of a proposed class action lawsuit by a self-described beer aficionado who said the brewing giant tricked consumers into paying premium prices for Blue Moon by falsely portraying it as "craft beer." District Judge Gonzalo Curiel in San Diego said the...

  • Dumb Donald beer

    Spiteful Brewing is only the latest in a series of craft breweries to find inspiration in the presumptive GOP presidential nominee.

  • June 1- The U.S. Justice Department is set to approve Anheuser-Busch InBev SA's takeover of SABMiller Plc later this month, with conditions, Bloomberg reported. A potential approval for the $100 billion- plus deal may include measures to keep the merged entity from edging craft brewers out of the market, Bloomberg reported, citing people familiar with the matter.

  • Not Your Father's Root Beer

    As the key summer beer-selling season gets underway, the new category of hard soda shows no signs of slowing down.

  • The purchases of two distributors in California, two in Colorado and one in New York have since closed. There is a precedent, however, for the Justice Department to put limits on incentive programs. Investigators at the Justice Department have contacted beer distributors and craft brewers, asking about the incentive plan as well as AB InBev's other steps aimed...

  • TOKYO, May 17- Asahi Group Holdings Ltd will not bid for the Eastern European assets that SABMiller PLC is selling to appease anti-monopoly regulators, the president of Japan's biggest brewer said on Tuesday. Asahi is betting on those brands to significantly broaden its presence in Europe. Previously, Asahi's overseas expansion focused on Asia and Oceania,...

  • Stella Artois at the Kentucky Derby.

    No matter which horse wins the 142nd Kentucky Derby on Saturday, there is one sponsor that’s already outpacing the competition.

  • Bad Martha Beer

    A longtime resident of Martha's Vineyard saw an opportunity in filling a small niche on the island.

  • Lessons learned over a beer

    Jim Koch, Boston Beer Company founder, discusses how his small brewery ignited a revolution in the craft beer market.

  • Jim Caruso, CEO of Flying Dog Brewery

    Flying Dog Brewery has used its label artwork, created by iconic illustrator, to stand out to consumers. The art also reflects the beer's edgy attitude.

  • Happy National Beer Day!

    The Alementary Brewing Company's Mike Roosevelt and Blake Crawford, discusses the opening of their craft brewery facility in New Jersey next week, and weigh in on the craft beer craze and science of beer.

  • Executive Edge: Save hundred in airfare

    The "Squawk Box" news team discusses some of the morning's most provocative headlines, including a tip that could save travelers hundreds of dollars in airfare; a new study shows merchants are lagging in adopting EMV chip card readers, and a toast to Happy Beer Day!

  • Anchor Meyer Lemon Lager by Anchor Brewing

    Anchor Brewing's debut of the Pacific Siren Series brings Anchor Meyer Lemon Lager and Anchor Mango Wheat. But don’t expect the typical sweet, fruity beer.