Archives for March 1, 2013

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Donkey found in South African burgers

South Africa’s Minister of Trade and Industry Rob Davies has ordered an urgent inquiry after donkey and goat DNA was found in burgers and sausages.

United Spirits: India regulator gives green light for $2bn Diageo deal

By Ben BOUCKLEY

The Indian Competition Commission (CCI) has approved Diageo’s purchase of a 53.4% stake in United Spirits (USL), saying that the £1.28bn ($2.04bn) purchase may boost the nation’s premium spirits market and improve consumer choice without jeopardizing...

Brussels expresses concern over EU beef exports to Thailand

By Keith Nuthall

The European Commission has welcomed Thailand lifting its longstanding ban on bovine product imports from European Union (EU) member states, but has complained that Bangkok is insisting on expensive inspections for approved exporters.

INDUSTRY VOICES: GUEST ARTICLE, HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG

Carlsberg mulls potential $1.2bn China M&A move in Chongqing

By Jacob de Lichtenberg

After a quiet beginning to 2013, M&A activity is heating up in China’s beer market, as Carlsberg said on Monday it was considering upping its stake in Chongqing Brewery, intensifying the fight among global brewers for production assets there.