Drinks

Singapore's Tolaram To Buy Diageo's Shareholding In Guinness Nigeria

Tolaram has agreed to buy Diageo's 58.02% shareholding in Guinness Nigeria and enter into long-term licence and royalty agreements, the Nigerian...

C&C Group Chief Executive Steps Down Following 'Accounting Mistakes'

The chief executive of C&C Group, Patrick McMahon, has stepped down from his position with immediate effect.

Rémy Cointreau Posts Smaller-Than-Expected Profit Slump, Sees Sales Recovery

Rémy Cointreau's shares rose 4.4% on Thursday even as it reported a steep decline in annual profit, with the French cognac maker predicting a recove...

Jack Daniel's Maker Brown-Forman Beats Quarterly Profit Estimates On Price Hikes

Jack Daniel's maker Brown-Forman beat fourth-quarter profit expectations, as price hikes on its premium whiskey and tequila helped offset waning demand.

Duży Ben Reports Sales Growth Of 32% In First Quarter

Duży Ben, a chain of liquor stores owned by the Eurocash Group, has reported sales growth of 32% in the first quarter to PLN 108.34 million.

Boston Beer In Early Deal Talks With Japanese Whisky-Maker Suntory: Reports

Japanese whisky-maker Suntory Holdings is in talks to acquire U.S. brewer Boston Beer, known for its Samuel Adams brand, the Wall Street Journal reported