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Winemaker Vintage Wines Estates To Go Public Through Blank-Check Deal

Vintage Wine Estates Inc said it would merge with a blank-check firm to go public in a deal that values the California-based winemaker at ar...

Anheuser-Busch To Invest $1bn In Production Facilities In Hard Seltzer Push

Anheuser-Busch said it will invest over $1 billion in its US manufacturing facilities over the next two years, as the brewer looks to raise production of h...

Uber To Buy Alcohol Delivery Service Drizly

Uber Technologies Inc is to buy on-demand alcohol platform Drizly for about $1.1 billion (€910 million) in a largely stock-based deal as the company l...

Heineken Joins Global Alliance To Promote Responsible Sale Of Alcohol

Heineken has announced that it has joined a new coalition to develop and enhance safeguards to prevent the online sales and delivery of alcoholic drinks to...

East African Breweries Sees Recovery Gaining Pace In Second Half

East African Breweries expects sales to recover from a coronavirus-induced slump in its second half to June, its outgoing chief executive said, as nations...

Brown-Forman Board Chair Announces Retirement

G Garvin Brown IV, the board chair of spirits company Brown-Forman, has announced his retirement from the board of directors, effective from July...

Diageo Underlying Sales Growth Shows Surprise Rise On US Strength

Diageo reported a surprise rise in underlying net sales growth for the first half of its financial year, as strong demand at retail stores in the United St...

Beam Suntory To Move Global Headquarters To New York In 2022

Beam Suntory has announced plans to move its global headquarters to New York City in mid-2022. The Jim Beam parent will relocate most of its executive l...