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Mexican brewer Grupo Modelo posted a 32.5 percent rise in third-quarter net profit, Reuters is reporting.
The maker of Corona also said there was no change in its arbitration process against partner Anheuser-Busch. Modelo gave no new information…
(No Ratings Yet)
Loading ...Lager Heads gets the sense that Anheuser-Busch InBev’s new digs in New York City are swanky. They have a European feel and are apparently “to die for,” as our Yankee friends would say.
The accommodations had better be nice, since the asking rate…
(2 votes, average: 3.5 out of 5) Loading ...A new law in New York is designed to increase recycling and pad the state’s coffers. But the law is making no friends in the brewing community. In fact, it has caused one of the most fascinating pieces of beer news we’ve…
(1 votes, average: 5 out of 5) Loading ...Anheuser-Busch InBev’s chief executive said this week that InBev’s takeover of Anheuser-Busch, creating the world’s largest brewer, had produced a number of positive surprises even in the face of a downturn.
That comes courtesy of Reuters, which reported on Anheuser-Busch InBev’s annual…
(2 votes, average: 5 out of 5) Loading ...Across the country, governors and state legislators are trying to plug gaping holes in their budgets. Federal bailout money only goes so far. Are heavier taxes on beer a good option to boost revenue?
Well, if New York’s recent experience is…
(1 votes, average: 4 out of 5) Loading ...Anheuser-Busch InBev’s new office in New York City will have the personnel and functions it needs by the end of 2009 “at the latest,” according to a company memo dated today and obtained by Lager Heads.
The proposal to set up a…
(No Ratings Yet) Loading ...Anheuser-Busch InBev will set up a “functional management office” in New York, the Belgium-based brewer said today. The new office will help implement the strategies that flow out of Leuven, Belgium — the company’s global headquarters and (as a press release…
(4 votes, average: 5 out of 5) Loading ...InBev of Belgium said today that it had reached an agreement with the U.S. Department of Justice that will allow it to buy St. Louis-based Anheuser-Busch without raising antitrust concerns.
The Justice Department will require InBev to sell its Labatt USA subsidiary – along with a license to brew, market,…
(3 votes, average: 4.33 out of 5) Loading ...
