Guinness is working to install a new filtration system at St James's Gate brewery in Ireland to will remove the use of isinglass from the brewing process.» Read More
JOHANNESBURG, Nov 25- South Africa's Competition Tribunal on Wednesday approved the purchase by London- based spirit maker Diageo of the 50 percent stake it did not have in local firm Brandhouse Beverages from beer maker Heineken.
JOHANNESBURG, Nov 25- South Africa's Competition Tribunal on Wednesday approved a merger between London- based spirit maker Diageo and local firm Brandhouse Beverages.
Brewers may have found the next frontier in their quest for something new: Nitro beer.
The producers of the Kentucky whiskey are pouring about $67 million into an expansion that features a new still. Maker's— known for its square bottles sealed in red wax— fired up the new still this week at its distillery near the small town of Loretto, about 45 miles south of Louisville. The Maker's and Jim Beam bourbon brands are owned by Suntory Holdings Ltd., a...
The local unit of Diageo said it did not fully understand the basis for the fine, nor the particular regulations infringed, but was in talks with the National Agency for Food and Drug Administration and Control to resolve the matter.
*But hedge funds bet against Europe, volumes low. LONDON/ MILAN, Nov 6- The double-digit stock-market rebound after a bruising summer has put European shares back into positive territory for the year, but sentiment around the central-bank-fuelled rally remains fragile. Even with European shares getting a fresh lift from a weaker euro on Friday- after U.S. data...
Nov 5- Diageo Plc, the world's largest spirits company, said on Thursday it had sold its wine interests in Argentina to Grupo Peñaflor for an undisclosed amount. The sale includes the Navarro Correas and San Telmo wine brands along with production sites and vineyards, Diageo said. Diageo, the maker of Smirnoff vodka, Guinness beer and Johnnie Walker whisky, said...
Nov 5- Diageo Plc, the world's largest spirits company, said on Thursday it had sold its wine interests in Argentina to Grupo Peñaflor for an undisclosed amount.
Oct 26- Xerox Corp, best known for its. Xerox also reported its first quarterly net loss since the first quarter of 2010, but profit excluding restructuring costs inched past market expectations. Xerox, like its rivals Lexmark International Inc and Hewlett-Packard Co, has been shifting focus to higher-value software and services as corporate customers cut...
Asian shares traded mixed on Monday after China's gross domestic product showed the world's second-biggest economy cooled lesser than expected.
*AB InBev and SABMiller will need new name if they merge. LONDON, Oct 14- Will a beer colossus by any other name taste as sweet? The current names of the firms, Anheuser-Busch InBev and SABMiller, are the acronym-heavy result of years of dealmaking.
European equities ended in the red on Wednesday, as investors failed to shake off concerns over the economic slowdown in China.
Some of the names on the move ahead of the open.
U.S. stock futures were under pressure this morning, with Europe and Asia in the red. The Dow snapped a seven-session winning streak on Tuesday.
LONDON, Oct 14- Drinks group Diageo has agreed the $552 million sale of its major wine interests to Treasury Wine Estates, it said on Wednesday, as part of its drive to shed non-core assets. It said the deal is for its United States based Chateau and Estate Wines and the British based Percy Fox businesses. Diageo plans to use net proceeds of about 320 million pounds...
SYDNEY, Oct 14- Australia's Treasury Wine Estates, the world's top standalone winemaker, will buy most of Diageo Plc's U.S. and British wine unit for $552 million, making a second tilt at the U.S. market after its disastrous retreat two years ago. Diageo has a portfolio comprising 80 percent "masstige" and luxury labels from its Napa, California base.
SYDNEY, Oct 14- Australia's Treasury Wine Estates, the world's biggest standalone wine maker, said on Wednesday it had agreed to buy the majority of Diageo Plc's U.S. and British wine operations for $552 million. Clarke has instead been eyeing acquisitions of higher quality, more profitable labels in the U.S. like those in the Diageo portfolio.
*SABMiller says approach is opportunistic, based on share decline. BRUSSELS, Oct 12- Anheuser-Busch InBev's CEO says a study of SABMiller's African beer markets and talks with top shareholders led to an "alignment of stars" that drew it to its nearest rival. But observers say the real catalysts for the $100 billion takeover proposal made public on Oct. 7 are a steep...
U.S. stock futures were lower this morning, after the Dow logged its fourth session of gains Wednesday.
Some of the names on the move ahead of the open.