Alcoholic Drinks | featured news

In Germany, a U.S. beer invasion

Almost 65 years after Allied planes flew Western supplies into blockaded Berlin, a new American import is arriving by air: craft beer. The beer is being flown in as part of a new surge of German interest in American brewing, upending a centuries-old relationship in which German beer defined the golden standard for brewing and Americans emulated it.

 

US challenges deal to merge Budweiser and Corona

Corona

The Justice Department filed a lawsuit Thursday to stop Anheuser-Busch InBev's proposed $20.1 billion purchase of Mexican brewer Grupo Modelo, which would unite the ownership of popular beers like Budweiser and Corona.

 

Heineken wins Tiger beer control

Heineken agrees to buy Fraser and Neave's controlling stake in the maker of Tiger beer in a deal worth 5.6bn Singapore dollars (US$4.5bn, £2.8bn).

 

AB InBev buys out Corona maker Modelo for $20 billion

InBev

Anheuser-Busch InBev, the world's biggest brewer, said it would swallow the half of Grupo Modelo it does not already own for $20.1 billion in the latest of a string of deals by big brewers looking for growth in emerging markets.

 

Texas eatery serves $12K, 10-course Titanic meal

Crystal tinkles as women clad in dinner best bow their heads over champagne glasses, listening attentively to the captain's evening address. The Armagnac they sip is circa 1900.

 

Australia approves $11 billion Foster's sale to SABMiller

Australia's government approved on Friday SABMiller's A$11.5 billion ($11.2 billion) deal to acquire Foster's Group Ltd under foreign acquisitions laws, but imposed conditions requiring the company to keep brewing operations in Australia.

 

Light drinking linked to slight breast cancer risk

Light drinking linked to slight breast cancer risk

Whether sipping beer, wine or whiskey, women who drink just three alcoholic beverages a week face slightly higher chances for developing breast cancer compared with teetotalers, a study of more than 100,000 U.S. nurses found.

Senh: What is a "teetotaler?"

 

SABMiller makes hostile $10 billion bid for Foster's

SABMiller makes hostile $10 billion bid for Foster's

Global brewer SABMiller took its $10.0 billion bid for Australia's Foster's hostile, going direct to shareholders, SABMiller said on Wednesday.

 

California's Caffeinated Beer Ban Signed Into Law

On Monday, Governor Jerry Brown signed SB 39, banning the sale and production of caffeinated beer in California after January 1, reports the LA Times.

 

Beer Gardens Everywhere

In a revival of an attraction said to date to 1824 in New York City, there are now more than 50 beer gardens scattered in its neighborhoods.

 

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