Brewers hit by flagging sales in China
Carlsberg’s volumes in China fell 6% in third quarter, leading to a drop in group volumes
Carlsberg’s volumes in China fell 6% in third quarter, leading to a drop in group volumes
Britain’s Competition and Markets Authority raises concerns deal may reduce competition in the UK market
Britvic Ireland owns Ballygowan water, the Club range of soft drinks, MiWadi and TK Lemonade among others
Two earlier bids from Danish brewer had been rejected by UK soft-drink maker as undervaluing the business
Kerry and Glanbia were both higher by the end of the day, adding 0.33 per cent and 0.16 per cent respectively
Carlsberg Group dropped 9.3% after Britvic rejected a revised, unsolicited €3.7 billion takeover bid from the brewer
Soft drinks maker says bid ‘significantly undervalues Britvic, and its current and future prospects’
Danish brewer says volumes also grew
Pan-European Stoxx 600 suffers third consecutive day of losses
Guinness 0.0 could eventually constitute 15% of Guinness sales, drinks group chief says
Brewer employed about 8,400 workers in Russia
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Diageo cites rising business costs as reason for the increase, the second hike announced by the company this year
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Beer volumes rose 5.2 per cent on an organic basis
AIB and Bank of Ireland both end session up 2 per cent at €1.98 and €5.80
Move is likely to increase pressure on Danish rival Carlsberg
Ukrainian government raises pressure on western firms still doing business in Russia
Iseq overall index ends session down 1.4% as pan-European Stoxx 600 declines by 1.7%
New head of French group rules out major disposals and says it has ‘a responsibility to the people we feed’
Brewer predicts profit will increase in 2022
Models company uses to predict sales are breaking down
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Danish brewer has cited higher costs and continued coronavirus restrictions
European sales also slip with supply issues a problem in UK market
Travel stocks rise and miners fall on mixed day for equities
World’s third-biggest brewer says severe Covid-19 restrictions in Asia could hit sales
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Danish brewer expects ‘high single-digit percentage’ fall in organic operating profit
London on the back foot on stronger sterling and profit-taking
Dublin closes higher as banks bounce back and CRH, Ryanair and Dalata all gain
Beer makers are putting together imaginative schemes to lure back custom
US markets react to unemployment claims rising faster than expected
The maker of Budweiser, Corona and Stella Artois withdrew its 2020 outlook guidance three weeks ago
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Non-executive director Nils Andersen appointed as new chairman
AIB stock falls but FBD climbs as departures announced
Bank stocks among worst performers across Europe amid speculation about ECB move
Brewer posts improved earnings but declining sales in Russia, its key market
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