Drinks

Constellation Shares Rise As Mexican Beer Brands Propel Sales

Constellation Brands Inc., the seller of Robert Mondavi wine and Svedka vodka, raised its annual profit forecast as sales of beer brands like Corona Extra...

Ardagh Designs New Limited-Edition Absolut Bottle

Packaging firm Ardagh has designed a new, limited-edition bottle for Absolut Vodka, for the Absolut Facet variant. The new blue bottle has been cut like...

Carrefour Staff Testing Energy-Efficient Drinks Fridges

Carrefour has installed an energy-efficient ‘innovative cabinet’ in its central office for the benefit of its staff – a decision which co...

Wine Prices Rise To Record At South Africa’s Cape Guild Auction

Wine prices climbed to a record at one of South Africa’s biggest sales, with hotel group Tsogo Sun Holdings Ltd. being the largest buyer for a third...

Anheuser-Busch InBev Clinches $103 Billion SABMiller Deal

Anheuser-Busch InBev NV clinched its $103 billion takeover of SABMiller Plc after the British brewer’s investors approved the deal, sealing the union...

Most SABMiller Proxy Votes Said To Back AB InBev Takeover

Most SABMiller Plc investors voting by proxy supported Anheuser-Busch InBev NV’s $104 billion takeover offer in advance of Wednesday’s sharehol...

Coca-Cola Femsa Buys Vonpar in $1.09 Billion Wager On Brazil

Coca-Cola Femsa SAB, the largest soft-drink bottler in Latin America, agreed to buy Brazil’s Vonpar SA for 3.51 billion reais ($1.09 billion) in a de...

Majestic Wine Plunges As Setbacks Prompt Profit Shortfall

Majestic Wine Plc shares fell the most since their market debut almost 20 years ago as the U.K. drinks retailer said profit will be hurt amid increased eff...