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... heineken profit dip results were not so bright for european brewer heineken yesterday who warned that weak consumer sentiment and a damp summer would cancel out the year’s profit growth
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... the australian brewer plans to make the return, despite posting an a$89m annual profit drop in its 2011 full year results
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... in its latest move to fend off a takeover bid by multinational brewer sabmiller, australian brewing giant foster’s group limited plans to return a$500 million to its shareholders through a share buyback or capital reduction
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... australian-based global winemaking and distribution business treasury wine estates limited, formerly owned by australian brewer foster’s group limited, today announced first year profits of a$64
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... london-based multinational brewer sabmiller has mounted a more aggressive approach in its attempt to take over the australian-based foster’s group limited
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... uk brewer fullers said it was looking into the possibility of producing a 2 ... however, this is no easy feat, fuller's head brewer john keeling told beveragedaily
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... according to the brewer, women are vital to growing the shrinking beer market, which currently attributes just 17 per cent of its sales to females
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sab miller is likely to go higher to secure the purchase of foster’s, but with the australian beer market in decline, analysts have questioned the potential value of a tie-up. foster’s rejected an offer of aus $9.5bn ($4.90 a share) this week, prompted sab miller to promise further “engagement” with the board of the australian brewer. another bid likely philip gorham, an analyst at morning star, told beveragedaily.
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... australia has a profitable beer market in which foster’s is the leading brewer with 7 of the top 10 beer brands, a national distribution platform and scale production
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... the uk-listed brewer offered aus $9 ... foster’s is the leading brewer in australia with ownership of 7 of the top 10 beer brands ... sab miller said the brewer is well placed in the australian market where a growing population and a healthy economy bode well for beer
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