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Diageo's Kenyan Unit Calls Tusker Beer Sale Report 'Market Speculation'

East African Breweries (EABL) has dismissed a media report that its parent company Diageo wants to sell the Tusker beer brand as part of broader cuts.

Anadolu Efes To Acquire Budweiser Maker's Stake In Russian Joint Venture

Turkish brewer Anadolu Efes is set to acquire AB InBev’s stake in AB InBev Efes, a Russia-based joint venture, in a move that will reduce the Budweis...

Carlsberg's Draught Horses Return Home As Copenhagen Visitor Centre Reopens

Carlsberg's brewery horses are back home after the Old Carlsberg Brewery site in Copenhagen reopened to the public as 'Home of Carlsberg' after a major ren...

Constellation Brands Reorganises Leadership Team

Constellation Brands has announced a series of internal leadership appointments as it seeks to position the company for improved performance over the long...

Diageo Seeks To Sell Beer Portfolio On Margin Concerns: Reports

Diageo is seeking to divest its beer portfolio on margin concerns, except flagship brand Guinness, Axios reported, citing sources familiar with the world's...

Czech Cola Maker Kofola Buys Brewer Pivovary CZ Group

Czech soft drinks maker Kofola CeskoSlovensko will expand into the beer business with the acquisition of Pivovary CZ Group, the country's fifth largest bre...

Why Brewers Aren't Worried About Wegovy Users Drinking Less Beer

Global brewers AB InBev and Carlsberg this week played down concerns among some investors that demand for weight-loss drugs may lead to a sharp drop i...

Molson Coors Lifts Annual Core Profit Forecast On Price Hikes, Steady Demand

Molson Coors raised its annual core profit forecast after beating third-quarter, helped by price hikes as well as steady demand for its core beer brands li...