-
Home
-
International Report
- Asia/Australia
Asia/Australia
Local-government-owned Chongqing Beer Group, which holds 32.25 percent of the Shanghai-listed brewer, wants to sell 59.29 million shares in the unit as part of a national government plan to shed listed assets, according to news agency reports. The stake is worth USD 274 million, based on current prices, it was reported.
Asia/Australia
Foster’s biggest brand, VB, is still the largest beer in Australia, by some margin, on both a volume and value basis (15.1 percent and 14.7 percent market share respectively).
Asia/Australia
The appointment comes as CCA and SABMiller prepare to open their new 500,000 hl Bluetongue brewery in New South Wales at a cost of up to AUD 200 million (EUR 140 million), which is expected to be running by late May or early June this year.
Asia/Australia
“We have had an initial contact with AB-InBev, at which we talked about possibilities,” Carlsberg’s spokesman Jens Bekke was quoted as saying. He added, however, that there are no concrete plans.
Asia/Australia
Constellation Brands has broken off talks to combine part of its Australian and British wine operations with Australian Vintage (AVL).
Asia/Australia
At an annual shareholders meeting, shareholders also elected all ten candidates proposed by Sapporo, the company said.
Asia/Australia
The move is aimed at putting pressure on Sapporo’s management to revamp its strategy for the group, which has struggled to remain competitive in Japan’s declining beer market. The hedge fund claims that the current board has failed to implement an effective strategy to address Sapporo’s poor profitability.
Asia/Australia
Currently, China has a per capita beer consumption figure of 32 litres. Brazilians drink 57 litres of beer per capita, Russians 81 litres and Indians 1 litre. To what extent this figures will rise in years to come depends to a large extent on the demographic change in these countries’ working-age populations.
Asia/Australia
Manufacturer Bayer says that the Berocca Performance tablet contains Vitamin B complex to help the body release energy from food; Vitamin C to support a healthy immune system; Magnesium, which combined with B vitamins helps release energy from food and keeps the nervous system and muscles working properly, plus Zinc.
Asia/Australia
While analysts had predicted the fall in wine earnings, many were surprised by the flat beer sales in the six months ended 31 December 2009. CUB, Foster’s domestic beer unit, recorded a 4.7 percent gain in sales revenue but this was tempered by a 1.1 percent decline in the company’s volume share of the Australian beer market, believed to be growing at between 1 and 3 percent overall.
Most Read
BRAUWELT on tour
Most Read
BRAUWELT on tour
