Headlines

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

Health Battle Over Soda Flares in Mexico

The public-health battle over sugary soft drinks, punctuated by New York Mayor Michael Bloomberg's failed attempt to ban big sodas, has spread to Mexico, long a stronghold of Coca-Cola Co. (WSJ)

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Naked Juice Settlement Doles Out $9 Mil

As part of a class action lawsuit over the brand's alleged misuse of health phrases, which parent company PepsiCo settled for $9 million, consumers may be entitled to a fistful of cash. (Huffington Post)

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Fraser & Neave In Beer Spat in Myanmar

Singapore property and drinks conglomerate Fraser and Neave Ltd said on Thursday its joint venture partner, which is run by the Myanmar military, plans to start arbitration proceedings over the company's stake in Myanmar Brewery Ltd. (Reuters)

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Rupert Murdoch Closes on L.A. Winery Purchase

News Corp Executive Chairman Rupert Murdoch reportedly closed Tuesday on the purchase of an estate and winery called Moraga Vineyards in Los Angeles’s Bel Air neighborhood for $28.8 million, according to listing agent Jim Kline of Surterre Properties in Newport Beach, Calif. The property was listed for $29.5 million in February. (WSJ)

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