Hints and tips:
...A top investor in growth companies tells me, “I admire Cathie’s spirit and willingness to put her head above the parapet.” At the moment, though, Wood is in the toughest battle of her career....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Martim Della Valle, European general counsel of Anheuser-Busch, the brewing company, was appointed to a new role as global head of compliance in January 2015 alongside his legal job....
...The giant deal under discussion highlights a backdrop of shifting consumer tastes as smaller craft beer brands steadily erode larger rivals’ market shares and younger drinkers favour wine and spirits....
...Nevertheless, its approach to SABMiller comes at a time of change in the brewing business....
...Shimmering fabrics provided a new addition to Emilia Wickstead’s repertoire....
...“I hope New Holland will be a bridge to the new in the best way possible.”...
...Brewing in Africa is on a roll....
...Overall sales volumes in the US spirits industry are growing by less than 1 per cent, according to Bernstein Research....
...company and its founding family....
...As well as Absolut vodka, the world’s fourth largest spirits brand, Vin & Sprit owns Cruzan rum, Plymouth gin and FRÏS and Level vodkas....
...US brewers face growing competition from wines and spirits companies. ”The US alcoholic beverage market is more competitive than it’s ever been,” said Leo Kiely, chief executive of Coors....
...Beer has traditionally not been a particularly popular drink in India, with consumers of alcohol preferring spirits, including home-made liquors....
...But it was the brewing sector that provided the most interesting bid speculation of the week with rumours of a merger between InBev of Belgium and US rival Anheuser-Busch....
...Mr Holland said: “Both companies are undergeared and if the new group had a more efficient capital structure with higher leverage, then a substantial return of capital to shareholders – between €6bn to €12bn...
...Anheuser has shown signs of recovery this year following the end of a bruising price war with Miller Brewing, its fiercest domestic rival, owned by UK-listed SABMiller....
...It is a tradition at Heineken, the Dutch brewing group, to bestow upon each of its dray horses the first name of the company’s new chief executive....
...Johnstone’s succeeds LDV, which got new owners in December after being placed in administration, in the middle of its sixth season of sponsoring the LDV Vans Trophy, a tautology since the V stands for “vans...
...Anheuser has increased advertising and store displays to lure customers who had switched to spirits, wine and imported beer in recent years....
...SAB’s central American business has underperformed since the company entered the region through a joint venture in November 2001....
...The company's first six months were “challenging” domestically, where the brewer was fighting off a resurgent rival, Miller Brewing....
...At the headquarters of Miller Brewing Company in Milwaukee, 60 or so buildings have sprung up around a site where Frederick Miller first brewed the company’s amber-coloured ale in 1855....
...The industry is suffering as drinkers turn to wine and spirits....
...China currently accounts for less than 3 per cent of earnings and it will be difficult to raise profits soon given fierce price competition and an expected surge in new brewing capacity....
...News of a new joint venture helped Central China Goldfields gain 17.1 per cent to 5⅛p....
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