SABMiller beer sale trend worsens in Q2

Poor summer weather in China hit SABMiller’s lager sales in the second quarter, though higher prices and a jump in soft drink sales helped boost revenues at the world’s second biggest beer maker.

Heineken rebuffs SABMiller takeover bid

From Agence France-Presse Heineken announced Sunday it has rejected a bid by SABMiller to acquire the Dutch brewing giant, without revealing the offer price. The majority shareholding Heineken family informed the British-based rival SABMiller “of its intention to preserve the heritage and identity of Heineken as an independent company”, the Dutch brewer said in a … Read more