Monthly Archives: May 2016

South African Agency Supports ABI-SABMiller Merger

Posted on May 31, 2016 by Joel Whitaker

Competition Commission of South Africa completed its investigation and recommended the Competition Tribunal approve Anheuser-Busch InBev‘s acquisition of SABMiller. ABI said it was “pleased” with the action, saying it’s “an important milestone in the process of securing regulatory approval in … Continue reading →

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Marijuana Use Tops Alcohol in Latest Monitoring the Future Survey

Posted on May 31, 2016 by Joel Whitaker

More students are using marijuana daily than are drinking alcohol daily, according to the “Monitoring the Future” survey. Survey results suggest that the non-medical use of the stimulant Adderall is higher for the college group than their non-college peers; and … Continue reading →

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Korbel Releases Summer Sparkle Bottle Wrap

Posted on May 31, 2016 by Joel Whitaker

Korbel California Champagne released its new, limited edition bottle wrap. The striking, bold blue colors with the twinkle of what could be reflecting sun rays are reminiscent of long summer days and fun summer nights. A distinct front label using … Continue reading →

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What We’re Reading

Posted on May 31, 2016 by Joel Whitaker

The Wall Street Journal brings its readers up-to-date on the battle between Bacardi and Pernod Ricard for the right to use the Havana Club name in the U.S.  No news here for readers of Kane’s Beverage News Daily but a … Continue reading →

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Brown-Forman Plans 2-for-1 Stock Split, Names New Directors

Posted on May 31, 2016 by Joel Whitaker

Brown-Forman Corp. directors approved a 2-for-1 stock split for all Class A and Class B shares, payable Aug. 18 on stock of record Aug. 8.  The split, which will be in the form of a dividend, is subject to shareholder … Continue reading →

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Beer’s Share of Global Bev/Al Market: 74.58%: Study

Posted on May 31, 2016 by Joel Whitaker

Beer accounted for a 74.58% share of the global alcoholic beverage market in terms of volume, Technavio, a London-based research firm, reports. China, the US, Brazil, Russia, Germany, and Mexico were the leading beer markets in the world last year. … Continue reading →

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