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Corona Beer Maker Constellation Forecasts Annual Profits Above Estimates

Constellation Brands forecast annual profit above expectations based on resilient demand for its beer brands despite inflationary challenges.

Tilray Brands Acquires Truss Beverage From Molson Coors

Tilray Brands has recently announced that it had acquired the remaining 57.5% stake it did not own in cannabis-infused drinks maker Truss Beverage fro...

Constellation Brands Results Top Wall Street Estimates

Constellation Brands first-quarter results topped Wall Street expectations last week, as the Corona beer maker benefited from higher pricing and stead...

AB InBev 'Architect' Brito To Hand Over To N.America Boss

Carlos Brito, who built Anheuser-Busch InBev into the world's biggest brewer during 15 years at the helm, will step down as CEO in July to be replaced by t...

US Approves Anheuser-Busch Deal To Buy Craft Brew Alliance

The US Justice Department has said that it has approved Anheuser-Busch's plan to buy the shares of Craft Brew Alliance that it does not already own. The...

AB InBev Seeks $9.8bn For Asia Stake In World's Largest 2019 IPO

Brewing giant Anheuser-Busch InBev NV (AB InBev) is seeking to raise up to $9.8 billion by listing its Asia-Pacific business in Hong Kong, marking what wou...

Brewing Mega-Deal Nears As AB InBev Approaches SABMiller

Anheuser-Busch InBev intends to make an offer for SABMiller in a deal that would bring together the world’s two biggest beermakers and create a...