Drinks - Asia

Budweiser APAC Won't Rely On M&A To Grow After IPO: CEO

Budweiser APAC will not rely on merger and acquisition (M&A) deals to expand after the Asia-Pacific business of beer giant Anheuser-Busch InBev (AB...

AB InBev Seeks $9.8bn For Asia Stake In World's Largest 2019 IPO

Brewing giant Anheuser-Busch InBev NV (AB InBev) is seeking to raise up to $9.8 billion (€8.7 billion) by listing its Asia-Pacific business in Hong Ko...

Pernod Confident On Asia, Jacob's Creek Selling Well In China

Drinks group Pernod Ricard, which is being targeted by activist investor Elliott, sounded confident over its growth prospects in Asia including for wines s...

AB InBev Files For Hong Kong IPO Of Asia Business To Raise $5bn

The world's biggest brewer, Anheuser-Busch InBev, filed plans on Friday to spin off its Asian business via a Hong Kong initial public offering, in a deal w...

Whiskey Sour? China Importers Fret Over US Trade Battle

When spirits dealer Daniel Taytslin brought his first pallet of American Ragtime Rye whiskey into Shanghai in early April, the 672 bottles faced a 5 percen...

Heineken First-Half Earnings Beat Estimates, Operating Profit Up 5.9%

Heineken NV, the world’s second-largest brewer, reported first-half profit that beat analyst estimates, helped by warm summer weather in Europe and g...

Heineken Sees Profit Growth In 2017 As Sales Soar In Asia

Heineken NV, the world’s second-largest brewer, forecast growth in sales and earnings this year, as customers in Vietnam and other Asian markets drin...

Spanish Wine Exports To Asia Increased By 20%

Spanish wine exports to Asia during May 2016 registered growth of 20 per cent compared to the same month last year. China was the main reason for this i...

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Pernod Ricard Makes Changes To Asian Management