Suntory Holdings ‘denies talks’ over Boston Beer acquisition
Boston Beer’s share price shot up around 22% last week following the takeover rumours.
03 June 2024
03 June 2024
Boston Beer’s share price shot up around 22% last week following the takeover rumours.
The San-Francisco-based brewery, which was bought by Sapporo for $85m in 2017, ceased production last year.
Retailers, including convenience stores, will be able to start selling low-alcohol beverages in the province as of 4 September.
Outgoing CEO Andrés Lavados has served at the helm for a decade.
“There will not be a surge curve, but demand will consistently develop” – Rui Lopes Ferreira, Super Bock Group CEO.
The Oregon-based winemakers are reportedly seeking damages for lost sales following 2020's wildfires.
The brewer had come under fire for not substantiating its "renewable electricity" statement online.
CCEP claims the groundwater extracted in the local catchment is “minor” when compared to other users taking from the same area.
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GlobalData's latest report brings together multiple data sources to provide a comprehensive overview of the global wine sector, analyzing data from 104 countries. Per our analysis, Western Europe was identifed as the largest region, with a volume share of 51.9% in 2023, and the US recognized as the largest wine market. The increasing popularity of wine among young consumers will help the wine sector’s growth during 2023–28.
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