Australia | Asahi had moved swiftly to buy Carlton & United Breweries (CUB) from AB-InBev for USD 11 billion or 15 times EBITDA, after the world’s number one brewer looked to raise cash in the wake of its junked IPO of its Asian business.

Australia | Insiders seem divided over the impact of Asahi’s acquisition of Carlton & United Breweries (CUB) from AB-InBev in July 2019.

Belgium | The embarrassment of toing and froing with its Asia IPO will soon be forgotten. But the implications are clear for all to see: financial markets no longer play to the tune of AB-InBev.

Australia – Under globalisation, brewers have become used to being reduced to a plaything at the mercy of their owners and none more so than Carlton & United (CUB).

Australia | It’s a fire sale by another name. After its aborted IPO on 12 July 2019, AB-InBev has moved quickly and sold its Australian unit CUB to Japan’s brewer Asahi for an enterprise value of USD 11.3 billion.

Israel | AB-InBev plans to open a cybersecurity unit in Tel Aviv after an upsurge in hacking attacks. In recent times, AB-InBev has had to deal with various cybersecurity attacks.

South Korea | The government has decided to change its liquor tax system for the first time in 50 years, shifting from a price-based to volume-based system.

Thailand | Two Dutch beer brands – Heineken and Bavaria – are actively promoting non-alcoholic beers to capture growth amid a stagnating beer market as consumers become more health-conscious.

Australia | Coopers Brewery, Australia’s largest family-owned brewery, is currently searching for the nation’s best homebrewer through its Master of the Brewniverse competition.

Australia | We should be told: Why has BrewDog decided to scale back its Brisbane brewery from what had been previously announced? BrewDog co-founder Martin Dickie said at the recent AGM that the 25-hl plant will be operational by the end of the year.