News in Numbers
28%
Anheuser-Busch InBev, hit by a consumer backlash in the US against Bud Light in the second quarter, saw the EBITDA it generates in its home market drop by more than 28%.
$3.9bn
Swire Pacific, the Hong Kong-based conglomerate, agrees a deal to sell its Swire Coca-Cola USA unit to its controlling shareholder John Swire & Sons for $3.9bn.
$362m
Monster Beverage Corp. moves to buy “substantially all” of the assets behind US rival Bang Energy in a deal worth around $362m.
44.7%
Rémy Cointreau reported a 44.7% slump in its Cognac sales in its first quarter (April to June), with the Americas squarely blamed in terms of high comparisons and inventory reduction. Cognac accounts for over 60% of Rémy’s group sales.
$250m
The “pro-forma” revenue Tilray Brands will generate from a craft-beer business boosted by the Canadian cannabis company’s purchase of eight US breweries from AB InBev.