Group items tagged

Diageo is selling its stakes in brewing ventures in Jamaica, Malaysia and Singapore to Dutch rival Heineken in a deal worth $780.5 million, and buying a 20 per cent stake in Guinness Ghana Breweries Ltd from the Dutch brewer raising its total stake in GGBL to 72.42 per cent.

Finding prima facie confirmation of non-compliance to various norms including on insider trading & corporate governance, Sebi has broadened its probe into dealings of Vijay Mallya-led UB Group, including in its own shares and with UK-based Diageo & other foreign players.

The report titled "Beer Market: Opportunity Analysis and Future Assessment 2022-2030" recently issued by Reports & Insights has the key objective to provide its readers with an absolute detailed and precise information about the respective market in conjunction with the profound knowledge of the statistics geared towards the development of the respective market. For better understanding of the readers, the report also includes extensive know-how of the market, conceptual framework, and prevailing trends of the market along with the precise textual and graphical representation. Moreover, the report also mentions thoroughly about the leading players competing in the market for the consistent intrigue of its readers. The beer market is estimated to reach at a value of US 754.9 Mn by the end of 2022 and expected to reach at a value of US$ 1,144.0 Mn by 2030 with a significant CAGR of 5.3%. Request a Sample Copy of this Report @: https://reportsandinsights.com/sample-request/1406 Beer Introduction Beer is remarkably considered as the most consumed and most popular alcoholic drink all around the world, and it is also one of the primeval drinks of all times. Since the dawn of civilization, beer brewing and drinking have been a crucial part of human activities. Going back in history, the first beer was primarily created from water, grain, and instinctive fermentation owing to wild yeast present in the air, even before the invention of bread. As per the reports, Egyptians were the first to cite the brewing process around 5000 B.C. The origin of modern beer was in the course of early middle ages, when German monks introduced hop as a flavoring and a bittering agent. Earlier before the industrial revolution, the process of brewing beer used to be on a domestic scale, but the Industrial revolution arrived, the beer production transformed into mass manufacture, allowing beer to be manufactured on a significantly larger scale. In the present times, beer is one of