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News Breaks
June 9, 2014
06:22 EDTSBMRYSABMiller increases production of craft beer, FT says
SABMiller is working to increase its share of the premium beer market in the U.S., where it has been caught on the hop by the explosion of local expensive craft beers, according to the Financial Times, citing comments from the company's CEO Alan Clark. When discussing the ramp-up of activity within the MillerCoors joint venture, Clark said, "We’ve got to shift our portfolio to premium. That’s clearly a priority that the team now understand and are working on it." Clark did not mention a timeframe for the increase. Reference Link
News For SBMRY From The Last 14 Days
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November 14, 2014
07:47 EDTSBMRYAB InBev CEO says willing to deal but only at right price, Bloomberg reports
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November 12, 2014
10:25 EDTSBMRYSABMiller, Coca-Cola to form new company in Africa, Sky News reports
Mark Kleinman of Sky News tweeted, "SABMiller and Coca-Cola to announce formation of new company in Africa later this week, consolidating existing operations, I'm told."
November 11, 2014
11:33 EDTSBMRYSABMiller may look for takeover, expansion stable of beers, WSJ says
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