Hello, dear reader!
After weeks of arguing and a number of takeover bids, AB InBev and Sabmiller finally agreed to become the world's biggest brewer. Read how the deal was sealed. Also learn about other mergers, new store concepts, investments, expansions from East to West and vice versa. And if you enjoy our daily brief, please share it with your friends and colleagues.
asia & australia
Treasury buys Diageo wine business Australian vintner Treasury Wine Estate is to acquire the US- and UK-based wine operations of drinks giant Diageo for US$ 600 million. The Melbourne-based company plans to fund the acquisition with new debt and a rights offer to raise about US$ 350 million.
Register now for etailment 2015 - The Business Event for Retail
International trade experts from Alibaba, Zalando, mytheresa.com, OTTO Group Russia, GALERIA Kaufhof, notebooksbilliger.de, redcoon, ROSE Bikes etc. will share their knowledge of strategies and new markets. One of the highlights is the e-Stars 2015 Award Ceremony. Find out more at etailment 2015 on 11th and 12th November 2015 in Frankfurt/Germany and re-invent retail.
H&M secures Auckland store The global Swedish clothing retailer announced recently that it will expand to New Zealand and has now confirmed that Auckland will be home to its first store in the country. This is a most welcome decision for Kiwi shoppers waiting for big brands to land on their shores.
Megabrew deal sealed After weeks of proposed offers and rejections, the biggest consumer-goods takeover in history was ultimately decided in London. Anheuser-Busch InBev has agreed to buy Sabmiller for about US$ 103 billion to form a company that makes almost a third of the world's beer.
usa & canada
More acquisitions Domino's Pizza plans to strengthen its position in France by acquiring independent chain Pizza Sprint for US$ 55 million +++ Instore data analytics company RetailNext has bought Pikato, a Chicago-based company whose cloud-based software enables personal, one-to-one mobile customer interactions.
Pick n Pay grows outside its home market South Africa-based retailer Pick n Pay reports a turnover increase of 8.5% to US$ 2.84 billion for the first half of its current financial year. During this time it has opened six stores outside its home market, in Namibia, Zambia and Zimbabwe.