Beer wars: Heineken throws down EM gauntlet to AB InBev
Heineken is throwing down a gauntlet to Anheuser-Busch InBev in some of the emerging markets the Budweiser maker has long dominated.
Heineken is throwing down a gauntlet to Anheuser-Busch InBev in some of the emerging markets the Budweiser maker has long dominated.
AB InBev is readying new African operations as the world’s largest brewer continues its expansion on the continent after the blockbuster takeover of SABMiller.
AB InBev’s takeover bid for SABMiller was thrown into disarray after the target company suspended integration of the two brewers following a rebellion from shareholders.
SABMiller has been informed by AB InBev that it has entered into an agreement to sell SABMiller’s 49% interest in its Chinese joint venture.