Anheuser-Busch InBev really wants to merge with SABMiller in order to make a global beer giant. The company today confirmed another offer to buy SABMiller for about 67.4 billion pounds, or $103.6 billion. The bid is more than a pound more per share (43.50) than its previous offer of 42.15, which SABMiller rejected less than […]
Category: Beverage News
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SABMiller Rejects Latest Purchase Offer From A-B InBev
The SABMiller board of directors has unanimously rejected Anheuser-Busch InBev’s latest offer to buy the company for GBP 42.15 per share in cash, which would have given it a value of nearly £68 billion, or $103.6 billion. A-B made the proposal today. The offer is the company’s third for SABMiller; the prior two were written […]
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242 Breweries Take Home Medals at 2015 Great American Beer Festival
The 2015 Great American Beer Festival (GABF) competition in Boulder, Colorado, awarded 275 medals to some of the best commercial breweries in the U.S., plus three GABF Pro-Am medals to teams of amateur brewers paired with professional brewers. Presented by the Brewers Association, GABF is the largest commercial beer competition in the world and a […]
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Coca-Cola Streamlining Production With Formation Of New National Product Supply System
The Coca-Cola Co. says it has taken another significant step toward building a stronger, more streamlined production system in its flagship market by announcing the formation of a new National Product Supply System (NPSS) in the U.S. The mission of the NPSS will be to facilitate optimal operation of the U.S. product supply system for […]
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7-Eleven Offers Own-Brand Single-Serve Coffee Pods
More than 50 years after 7-Eleven pioneered on-the-go-coffee in the U.S., the Dallas, Texas-based retailer has launched 7-Eleven-branded coffee for single-serve brewing systems. Sold exclusively at participating 7-Eleven stores, the single-serve brew cups are available in two package sizes—an eight-pack for $3.99 and a two-pack for 99 cents. The larger packs are available in three […]
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Coffee-Mate Offers Limited Edition Star Wars Flavors, Bottles
Coffee-mate has introduced two limited edition flavors as well as five collectible bottles featuring “Star Wars” characters. Espresso Chocolate Darth Vader is available in a bottle that features the brand’s first-ever black cap and Spiced Latte is available in a Chewbacca bottle. For a limited time, French Vanilla is available in an R2-D2 bottle, hazelnut […]
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Group Reports Significant Gains For Small And Independent Brewers
The craft brewing industry has continued a strong pace of growth in the first half of 2015, according to new mid-year data released by the Brewers Association (BA)—the not-for-profit trade association dedicated to small and independent American craft brewers. American craft beer production volume increased 16 percent during the first half of the year. From January […]
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Tennessee Food Retailers Face Challenges In Readying For Wine Sales Next Year
by Kristen Cloud/staff writer A referendum to allow food retailers in Tennessee to sell wine passed everywhere it was on the ballot last year. While getting that referendum on the November ballot was a long and oftentimes arduous process, the challenges aren’t over. Grocery stores in the 78 municipalities where wine sales will be allowed in […]