The Netherlands & Mexico: HEINEKEN purchases EUR1 bln in shares from FEMSA

HEINEKEN announced on February 17 the acquisition of 7,782,100 shares in HEINEKEN at a price of €91 per share (totaling EUR 708 million) and 3,891,050 shares in Heineken Holding N.V. ...
Published 17/02/2023 More

Kenya: East African Breweries loses Sh24 bln Senator Keg tax relief in three years

The tax relief that East African Breweries Plc (EABL) enjoys on its low-end beer brand Senator has dropped by Sh23.8 billion in three years after the government cut the incentive, ...
Published 17/02/2023 More

USA: Boston Beer’s Q4 earnings miss analysts’ forecasts

Boston Beer delivered an earnings miss for its fourth quarter alongside disappointing full-year guidance as performance of its hard seltzer brand fizzled. The company posted a loss of 93 cents a ...
Published 17/02/2023 More

USA, MO: Vine Street Brewing’s long-anticipated opening nearly here

Vine Street Brewing’s long-anticipated opening is nearly here, said Kemet Coleman, teasing a late March first pour for the taproom and brewhouse space, which sits adjacent to Kansas City’s historic ...
Published 17/02/2023 More

USA, NJ: Bent Iron Brewing to become Hamilton’s first brewery by fall

A brewery making beers with farm-grown ingredients is all set to open in Hamilton Township. Bent Iron Brewing recently held a groundbreaking ceremony, the Patch reported on February 16. Located on ...
Published 17/02/2023 More

Ukraine: Ukraine may continue to fall down rankings of leading feed barley exporters - analysts

Ukraine may continue to fall down the rankings of the leading feed barley exporters in the 2023-24 marketing season, according to preliminary estimates by Argus' agricultural analytics arm Agritel. Ukraine was ...
Published 16/02/2023 More

France: Farm office increases its outlook for French barley exports this season

Farm office FranceAgriMer on February 15 lowered its outlook for French soft wheat exports this season because of competition from Black Sea supplies but made a sharp upward revision to ...
Published 16/02/2023 More

World: Pernod Ricard expects global sales to grow this year, plans more price increases to protect profit margins

Pernod Ricard on February 16 said it planned more price increases in the second half of the year in China and the United States to protect its profit margins against ...
Published 16/02/2023 More

Mexico & the Netherlands: Mexico's FEMSA to launch $3.5 bln share, notes offer in Heineken divestment bid

Mexican bottling and retail conglomerate FEMSA will offer a total of 3.5 billion euros ($3.7 billion) in common shares and unsecured notes in Dutch beer giant Heineken as it looks ...
Published 16/02/2023 More

Russia: Exiting Russia may take longer than initially expected, Heineken says

Exiting Russia may take longer than initially expected, Heineken has admitted. The Dutch brewer promised to withdraw from the Russian market following its invasion of neighbouring Ukraine nearly a year ago. It ...
Published 16/02/2023 More