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The Wall Street Journal: Constellation Brands to buy craft beer maker for $1 billion

2015-11-16 17:16:52| Beverages - Topix.net

Constellation Brands Inc. agreed to acquire Ballast Point Brewing & Spirits for roughly $1 billion, adding a craft beer maker to the alcoholic-beverage company's beer business. became one of the largest U.S. beer distributors in 2013 with its acquisition of U.S. distribution rights for top import Corona, several other Mexican beers plus a Mexican brewery for $5.3 billion from Belgium's Anheuser-Busch InBev NV That deal stemmed from AB InBev's larger $20.1 billion takeover of Mexico's Grupo Modelo SAB, in which AB InBev had to divest itself of the assets to win U.S. regulatory approval.

Tags: buy street journal wall

 

Constellation Brands enters craft beer with Ballast Point Brewing & Spirits buy

2015-11-16 15:24:00| Daily beverage news and comment - from just-drinks.com

Constellation Brands has moved into craft beer for the first time with the purchase of San Diego craft brewer Ballast Point Brewing & Spirits for US$1bn.

Tags: point buy brands beer

 
 

Cisco, Fossil, Nordstrom And Yum Brands Lead Thursday's After-Hours Movers

2015-11-13 04:02:25| Jewelry - Topix.net

Shares of Cisco Systems, Inc. were down more than 2.2 percent in Thursday's after-hours session, following the announcement of the company's first quarter financial results. In its first quarter under Chief Executive Officer Chuck Robbins, the company delivered earnings of $0.59 per share on revenue of $12.682 billion, beating the Street's consensus estimate of $0.56 per share and $12.636 billion.The company issued light guidance.

Tags: lead brands cisco fossil

 

Luxury brands beat expectations

2015-11-12 11:44:07| BBC News | Business | UK Edition

Despite a difficult environment, luxury brands Hermes and Burberry issue financial results that beat forecasts.

Tags: brands beat expectations luxury

 

Rust-Oleum Industrial Brands Introduces Write-On Paint

2015-11-11 06:00:00| Coatings World Breaking News

Tags: industrial brands paint introduces

 

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