Alcoholic beverages
Diageo worried Scottish independence may give it a hangover
31 May 2014
Ivan Menezes, CEO, Diageo Plc, says that conflicts over currency and new tax arrangements after a possible Scottish independence could damage the Scotch whisky industry. By Jagdeep Worah
Australia's Treasury Wine rejects $2.90-bn KKR bid
20 May 2014
Treasury Wine, which has a market cap of A$2.5 billion, was spun off by Foster's Group in 2011 after a decade-long expansion into wines in Australia and the US
United Spirits to sell Whyte & Mackay to Philippines-based Emperador for $729 mn
10 May 2014
United Spirits Ltd, India’s largest spirits company, has struck a deal to sell its Whyte & Mackay scotch whisky unit to Philippines-based Emperador
Suntory, Tilaknagar Industries in race to buy Imperial Spirits
24 Apr 2014
Japan's second-largest brewing and distilling company Suntory Holdings and Mansion House brandy maker Tilaknagar Industries, are in the race to buy Coimbatore-based Imperial Spirits
European regulator approves Suntory's $13.6-bn Beam deal
22 Apr 2014
In recent years, Suntory has been making acquisitions and developing business partnerships with major beverage companies in a bid to rapidly expand its global footprint
Top doctor moots daily bottle of wine for good health
22 Apr 2014
A Helsinki University professor, who previously worked for the WHO, drinkers lived longer than people who did not drink