Anheuser Busch Inbev SA

The Mexican arm of Anheuser-Busch InBev has accused Constellation Brands in a lawsuit of a second breach of their deal allowing Constellation to sell Mexican beers in the United States.

* Shares drop around 6% in early trading (Updates with CEO comments)

Anheuser-Busch InBev, the world's largest brewer, reported a sharp increase in second-quarter core profit on Thursday, above expectations, as COVID-19 restrictions eased in many of its markets.

South African Breweries (SAB), part of Anheuser-Busch InBev, has reinstated its investment programme that was cancelled last year, allocating 2 billion rand ($148.12 million)for its home operations, the company said on Monday.

Anheuser-Busch InBev on Thursday named Michel Doukeris, the head of its North America Division, as its new CEO starting July, as the world's largest brewer seeks to drive beer sales in its global market.

* Sees 2021 EBITDA rising by 8-12%, revenue by more (Adds analyst comment, shares, chairman quote)

Anheuser-Busch InBev, the world's largest beer maker, said on Thursday its chief executive of 15 years, Carlos Brito, was stepping down to be replaced by its North America division head.

Japan's Asahi Group Holdings said it will aim to halve its debt and forego overseas investments after spending $11 billion to buy the Australian operations of Anheuser-Busch InBev.

Anheuser-Busch InBev, the world's largest brewer, reported a higher-than-expected core profit in the final quarter of 2020 on Thursday and said it expected earnings to be "meaningfully" better this year.

The Mexican arm of drinks company Anheuser-Busch InBev accused U.S. firm Constellation Brands in a lawsuit filed on Monday of breaching a deal on the use of the Corona brand name by applying it to a product other than beer.

The Mexican arm of drinks company Anheuser-Busch InBev accused U.S. firm Constellation Brands in a lawsuit filed on Monday of breaching a deal on the use of the Corona brand name by applying it to a product other than beer.

South African Breweries, part of Anheuser-Busch InBev, has cancelled a further 2.5 billion rand ($165 million) of investment earmarked for 2021 following a third local ban on alcohol sales in the country, it said on Friday.

Anheuser-Busch InBev, the world's largest beer maker, has completed its merger in Vietnam with SAB Beer after securing approval from the country's trade ministry, state media reported.

The South African Breweries (SAB) has suspended commitments to retain workers and investments, agreed as part of its merger with Anheuser-Busch InBev, due to the country's decision to ban alcohol sales to curb the coronavirus, it revealed in court papers.

Anheuser-Busch InBev's long-time Chief Executive Carlos Brito dismissed speculation about an imminent departure, telling Reuters on Thursday that he expected to be leading the world's largest brewer for some time to come.

* Interim dividend of 0.80 euros in 2019, scrapped this year (Updates with shares, more on costs)

Anheuser-Busch InBev, the world's largest brewer, reported a surprise increase in beer sales in the third quarter, although profits dipped and its interim dividend payment was scrapped due to the COVID-19 pandemic.

Danish brewer Carlsberg on Thursday raised its full-year earnings expectations after positive momentum last month, buoyed by solid sales in Eastern Europe and an improved outlook in China.

Budweiser beer maker Anheuser-Busch InBev has started searching for a replacement for its long-serving chief executive Carlos Brito, the Financial Times reported https://www.ft.com/content/101049df-27ee-4362-973e-b763a05dd7b6 on Monday.