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- AB InBev to Sell Breweries to CVC
- BRUSSELS (Reuters UK) - Anheuser-Busch InBev ABI, has agreed to sell breweries in nine eastern European countries to CVC Capital Partners for an initial $2.23 billion (1.38 billion pounds), passing its target for divestments since its merger a year ago. The world's largest brewer said in a statement on Thursday...
- News items 2009-10-15
- AB InBev Q2 Beats Forecast
- BRUSSELS (Reuters UK) - Anheuser-Busch InBev ABI, the world's largest brewer, said cost cutting had helped it beat analyst forecasts for second-quarter profit, although the second half of the year would be significantly weaker. AB InBev has described beer as "resilient" in the face of the global economic slump, although...
- News items 2009-08-13
- CVC has worldwide plans for 'hidden gem' beer
- CVC Capital Partners, the UK-based private equity group, aims to turn Staropramen into a globally recognised brand after buying the Czech beer as part of its $3bn acquisition of Anheuser-Busch InBev's central European brewing operations. István Szoke, head of CVC's new central and east European buy-out team, told the Financial...
- News items 2009-10-15
- Beck's Consolidates Biz at Publicis Shops
- NEW YORK Publicis Groupe has been awarded global creative chores on Anheuser-Busch InBev's Beck's beer in a consolidation. The holding company's Publicis in New York and Publicis Modem East will act as lead agencies. Global spending could not immediately be determined. In the U.S., Beck's spent $3.5 million in 2008, per...
- News items 2009-08-18
- Heineken's last chance for Latin America
- Heineken, the Dutch brewer, is facing its last chance to establish a foothold in Latin America as it negotiates to buy the brewing operations of Mexican conglomerate Femsa. Speculation over the outcome of a sale of Femsa's beer business, which is estimated to be worth about $7.5bn, has centred on...
- News items 2009-10-26
- Brewer calls time on hundreds of UK jobs
- Anheuser-Busch InBev, the company behind the Stella Artois, Becks and Budweiser brands, looks set to cull hundreds of jobs in the UK. A memo sent last week to staff of the group, created by InBev's $52bn (35bn) purchase last month of Anheuser-Busch, warned of "potential redundancies across the...
- Research articles 2008-12-07
- C&C snaps up Tennent's brand in £180m deal
- C&C, the drinks group that owns Magners Cider, has acquired the Tennent's lager brand from Anheuser-Busch InBev as part of a deal worth £180m ($292m, €205m). C&C will buy the Irish, Northern Irish and Scottish businesses from Anheuser, which include Tennent's and the Wellpark Brewery in Glasgow, originally founded in...
- News items 2009-08-27
- SABMiller Sees Second-half Boost
- By David JonesLONDON (Reuters UK) - World No. 2 brewer SABMiller Plc SAB expects a second-half boost from currency movements and a fall in the cost of inputs such as barley after price rises and cost cuts pushed up its first-half profits.The London-based brewer of Miller Lite, Peroni and Grolsch...
- News items 2009-11-19
- Anheuser-Busch Companies Q4 2006 Earnings Call Transcript
- Question-and-Answer SessionOperator Thank you. Operator Instructions. Our first question is coming from Marc Greenberg of Deutsche Bank. Marc Greenberg - Deutsche Bank Thanks. Good afternoon Randy. A little bit surprised at the revenue per barrel targeting of 3% to 4%, was hopeful that you could explain...
- Earnings calls 2007-02-01
- Omnicom, in Cash Crunch, to Delay Payments to U.S. TV Producers
- Omnicom is requiring that U.S. commercial producers wait until clients pay its agencies before they pay the producers' bills. The news, reported by Adweek, confirms that Omnicom is doing everything it can to slow down outgoing cash payments as clients slow down their payments to agencies. BNET...
- Blog posts 2009-03-12
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