Alcoholic beverages
Liquor stocks wilt as Bihar decides to go dry from 1 April
27 Nov 2015
While the move will affect liquor companies’ revenues at least marginally, the state’s exchequer will be the bigger loser, taking an annual hit of Rs5,000 crore
Treasury Wine to buy majority of Diageo's US, British wine assets for $552 mn
14 Oct 2015
Australian vintner Treasury Wine Estates (TWE), a former unit of Foster's Group, today struck a deal to buy the majority of Diageo Plc's US and British wine operations for $552 million
SABMiller agrees to £44 per share takeover bid from Anheuser-Busch InBev
13 Oct 2015
After three rejections, SAB Miller has finally accepted Anheuser-Busch InBev's offer of £44 per share, ending days of negotiations on the price
Anheuser-Busch InBev raises informal offer for SABMiller to £43.5 per share
12 Oct 2015
The raised offer values the deal to more than $108 billion. At current prices, a merged group would have a market value of around $275 billion, Africa
SABMiller rejects AB InBev’s sweetened takeover offer
09 Oct 2015
In its refusal, SAB Miller has accused the highly conditional nature of Anheuser Busch InBev's proposals, including significant regulatory hurdles in the US and China
Anheuser-Busch makes new £68-bn offer for SABMiller
07 Oct 2015
Under a revised proposal, AB InBev has agreed to pay SABMiller £42.15 per share in cash, with a partial share alternative available for approximately 41 per cent of the SABMiller shares
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