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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