Headlines

Beverage World presents the latest news from across the worldwide beverage market.

Sandy Halts All Wine & Spirits Sales Across Pa.

In the aftermath of Hurricane Sandy, Pennsylvania's state Liquor Control Board has shut down every one of its more than 600 wine & spirits stores. From Philly to Pittsburgh, Erie to Scranton, not a single bottle could be purchased Tuesday from the government monopoly that controls the sale of wine and liquor in Pennsylvania. (Philadelphia Daily News)

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Ommegang Offers Assistance to Sandy-Hit Brewers

Brewery Ommegang (Cooperstown, N.Y.) is reaching out to any brewers in regions hardest hit by Hurricane Sandy to offer any help it can to get them up and running again as quickly as possible. Ommegang was fortunate to sustain no significant damage during the storm.

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AB InBev Profit Rises

Belgian brewer Anheuser-Busch InBev posted higher third-quarter profit attributable to equity holders of $1.84 billion, compared with $1.59 billion last year, with quarterly earnings per share improving year-over-year to $1.15, from $1.00. (NASDAQ)

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Diageo's United Spirits Takeover in Doubt

United Spirits, the Indian whiskey maker controlled by Vijay Mallya, saw share prices fall the most in eight months in Mumbai trading on speculation that discussions to sell a stake to Diageo could fall through. (Irish Examiner)

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Britvic, AG Barr Get 2nd Extension in Merger Talks

British soft-drink makers Britvic Plc and AG Barr Plc said they have been given a second extension by UK's takeover panel to decide on their 1.4 billion pounds ($2.25 billion) merger. The deadline for the companies to table a firm bid or end talks has been extended to Nov. 28. It was to expire on Wednesday. (Reuters)

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Jack Daniel's to Launch White Whiskey

Whiskey lovers who are drawn to the golden brown tones of their favourite tipple might need a little time to savour the new offering from Jack Daniel's. The Tennessee-based distillery has unveiled a colorless unaged rye whiskey for the first time since the Prohibition Era, which will hit stores across the U.S. early next year. (Daily Mail)

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