Drinks - Corona

Budweiser-Maker Adds Citi And BAML To Banks Working On $5bn Asian IPO

The world's biggest brewer, Anheuser-Busch InBev, has added Citigroup and Bank of America Merrill Lynch to the team of banks working on the sale of its Asi...

Brewer Constellation Tops Wall St Estimates For Sales

Constellation Brands Inc on Thursday reported quarterly sales well above analysts' estimates, as its popular beer brands Corona and Modelo performed well....

Corona Launches Plastic-Free Six Pack Rings To Tackle Waste

Corona has announced that it will pilot plastic-free six-pack rings in order to reduce its plastic footprint as part of its commitment to Parley for the Oc...

AB InBev Halves Dividend As Beer Sales Notch Up

Anheuser-Busch InBev, the world's largest brewer, slashed its proposed dividend by half on Thursday as improved beer sales in Mexico, Europe and parts of A...

Corona Maker's CEO Rob Sands To Step Down, Insider To Replace Him

Constellation Brands Inc's Rob Sands is stepping down as CEO, ending an era in which the family-backed alcohol producer became one of the biggest beer brew...

Low-Carb Corona A Winner In Constellation Results Beat

Constellation Brands Inc raised its full-year profit forecast and topped Wall Street estimates for second-quarter sales and profit on Thursday, as it benef...

Corona Owner Constellation Brands Pumps $4bn Into Cannabis Firm

Corona beer maker Constellation Brands is to invest a further $4 billion in Canada's top cannabis producer Canopy Growth, doubling down on one of a gr...

AB InBev Reports 4.7% Revenue Increase, Driven By Global Brands

Global brewing giant Anheuser-Busch InBev (AB InBev) has posted revenue growth of 4.7% in the first quarter of its financial year. AB InBev, known for i...

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