Nigeria: International Breweries seeks approval for $379.9 million shareholder loan and debt conversion

The Board of International Breweries Plc will as part of a special resolution at the company’s Extra-ordinary General Meeting (EGM) seek approval of a $379.9 million shareholder loan and debt-to-equity ...
Δημοσίευση 20/03/2024 Περισσότερα

World: AB InBev completes repurchase of its shared from Altria

Anheuser-Busch InBev SA/NV announced on March 19 the completion of its repurchase of 3,335,417 Ordinary Shares from Altria (the 'Direct Share Buyback'). The aggregate purchase price for the Direct Share ...
Δημοσίευση 20/03/2024 Περισσότερα

UK: Brewery closures jump 82% in 2023

The proportion of UK breweries which entered insolvency in 2023 grew by 82% in 2023, rising from 38 in 2022 to 69 by the end of December, according to audit ...
Δημοσίευση 20/03/2024 Περισσότερα

EU & UK: Barley crop forecast increased to 61.2 mln tonnes

COCERAL, in its latest forecast for the 2024 European Union/United Kingdom grain crop, trimmed its projection by 1 million tonnes to 295.5 million. If realized, it would still be 3.1 ...
Δημοσίευση 20/03/2024 Περισσότερα

USA, OR: Brujos Brewing launches its brick-and-mortar space in northwest Portland

Brujos Brewing officially opened on March 2 its new brick-and-mortar space in northwest Portland. Not to say there was some unholy spirit involved, but as beer sales have fallen nationwide, ...
Δημοσίευση 20/03/2024 Περισσότερα

China: China Resources Beer stock target raised, retains Buy rating

On Monday, March 18, Jefferies maintained a Buy rating on China Resources Beer Holdings Co Ltd. and slightly increased the stock price target to HK$44.67 from the previous HK$44.50. The ...
Δημοσίευση 19/03/2024 Περισσότερα

World: AB InBev continues to dominate global beer market with a market capitalization of over $123 bln

As the world’s most popular alcoholic beverage, beer can be found in nearly every corner of the globe. But when it comes to the companies that have the largest slice ...
Δημοσίευση 19/03/2024 Περισσότερα

Bulgaria: Union of Brewers in Bulgaria reports 3% decline in beer sales last year

At its annual meeting, the Union of Brewers in Bulgaria (UBB) reported BGN 57 million in capital investments in 2023, including over BGN 20 million in fixed tangible assets for ...
Δημοσίευση 19/03/2024 Περισσότερα

UK: Port Ellen Distillery reopens after being closed for 40 years

Scotch whisky producer Port Ellen is reopening its doors after closing 40 years ago, Drinks Retailing reported on March 19. The so-called ‘ghost distillery’, situated on the island of Islay, first ...
Δημοσίευση 19/03/2024 Περισσότερα

Canada: Canadian farmers intend to plant less barley this year

Canada’s first planted area estimates for the 2024/25 season were released early last week, with the grower survey results indicating the nation’s farmers intend to plant more oats, durum ...
Δημοσίευση 19/03/2024 Περισσότερα