brand and bottle
Posted by Mark J. Miller on September 21, 2011 01:19 PM
British-based brewing company SABMiller has been avidly pursuing Foster's, including a bold move to snatch up Australian beer maker in August with a hostile takeover offer of $9.51 billion Australian ($9.68 billion US), but the Aussies didn’t go for it.
So the persistent SABMiller sweetened its proposal to A$9.9 billion, which was enough to finish things off and seal the deal for the Foster's board, according to Agence-France Presse.
Foster’s and its many beer brands can now be served up by company execs alongside SABMiller’s Grolsch, Pilsner Urquell, and Miller Genuine Draft.Continue reading...
Posted by Dale Buss on March 9, 2011 09:00 AM
AARP sues over reverse mortgages.
Adidas opens women's concept store in Seoul.
Asahi hits roadblock in Australia push.
BMW to expand lineups of EVs and hybrids.
Daimler and Rolls-Royce launch bid for Tognum.
Dynegy faces Chapter 11.Continue reading...
Posted by Dale Buss on August 27, 2010 09:00 AM
* 3Par accepts sweetened bid from Dell as an old-fashioned corporate slugfest continues and HP raises its bid to $30/share.
* 8th Continent aims new marketing campaign for soy milk at U.S. moms.
* American Airlines vows to fight a record U.S. fine over alleged maintenance violations.
* Asahi extends push into Australia.
* Audi gets promotional push in gear in Hollywood.
* Boeing postpones delivery of its 787 Dreamliner aircraft once again.Continue reading...
Posted by Dale Buss on August 23, 2010 09:00 AM
* SABMiller and Asahi are eyeing Fosters (sending shares higher), but no formal bids have been placed.
* Morgan Stanley is the first Wall Street firm to offer research-on-the-go via Apple's app store.
* PepsiCo tries to rekindle demand for its Pepsi Max low-calorie brand.
* Tesco tests UK's first drive-through supermarket.
* UBS features astronaut Neil Armstrong, starchitect Zaha Hadid and fast cars in new advertising campaign.
* HP is hoping to outbid Dell for 3Par with today's $1.3 billion bid.
* HSBC is in talks for a $6.8 billion majority stake in South Africa's Nedbank.Continue reading...
Posted by Stephanie Startz on September 11, 2009 09:53 AM
The dark future predicted after 9/11 did not come to pass. [NYT
Hersheys considers a counterbid for Cadbury as shares fall in Kraft. [Times of London
Motorola debuts a new Android smartphone -- the Cliq in the US and the Dext elsewhere -- seeking to reposition the brand from "a voice centric company to... a mobile internet, data driven company" designed to compete with Apple's iPhone. [FT
Analysis of Obama's strategy to reframe his health care reform plans. [Washington Post
GM issues a 60-day money-back guarantee to ease consumers anxiety. [CNN
Japan's Suntory and Asahi
Breweries have reportedly placed a €2.6bn ($3.8bn) bid before the private equity owners of Orangina, Blackstone and Lion Capital. [FT