Alcoholic Beverages
Heineken in talks to buy Japanese brewer Kirin ’ s Brazil operation
Guinness Nigeria posts N4.6 billion loss , 19 % revenue growth for 2nd half of 2016
AB InBev set to shed weight in South Africa
Dutch brewer Heineken N . V . said it is in discussion with Japanese brewer Kirin Holdings to acquire the company ’ s unprofitable Brazilian business . The Nikkei Newspaper reported on Friday , a price of $ 870m , a fraction of the $ 3.9bn Kirin paid for the business . Read more ...
Guinness Nigeria Plc has announced its results for the half year ended 31 December 2016 . The results , which were released via a statement to the Nigerian Stock Exchange , shows that the company grew its topline by 19 % year-on-year but suffered significantly
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Anheuser-Busch InBev ( AB InBev ) is said to have sent out a voluntary severance offer to over 1,000 midlevel managers in South Africa on 12th December as it prepares to trim its workforce in the country , South African Business Day reported on Monday . Read more ...
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