AB InBev sells Carlton & United Breweries to Asahi in a deal worth $16bn, less than a week after IPO for Budweiser APAC business fails.
Analysts have suggested that the lack of demand and relatively high stock price were off-putting to investors who failed to back the listing of Budweiser Brewing APAC.
Pete Mitcham and Matt Kirkegaard discuss the beer news including why Woolies is offloading Endeavour drinks and have NEIPAs gone too far? It also includes a very insightful chat with Two Birds Brewing co-founder Jayne Lewis about why she is taking part in Dry July.
Drinks giant AB InBev is turning online review platform RateBeer into a marketplace with the help of Dan Murphy’s and Beer Cartel.
Australia’s beer market has been described as one of the most profitable in the world, but economists have highlighted the need for ongoing scrutiny.
Belgian brewing giant Anheuser-Busch InBev, which owns Australia’s largest brewer Carlton & United Breweries, is poised to list its Asia Pacific business on the Hong Kong Stock Exchange as it attempts to offset debts from years of expensive acquisitions.
Global super-brewer AB InBev has acknowledged the continued growth of the Australian premium mid-strength market by launching a lower ABV version of its market-leading Corona.
Lion has reported a fall in sales and earnings due to the conclusion of its AB InBev beer distribution agreement, but there were some positives for the brewer to take from 2017, including the continued growth of Furphy.
Two of Australia’s largest brewers did not pay corporate tax in 2015-16, an Australian Tax Office report says.
The sale of Pirate Life to AB InBev is “Australia’s Wicked Weed moment”, says Stone & Wood co-founder Jamie Cook.