Tag Archives: Corona

• Carlos Santana Sells Hot Tequila Biz In Latest Booze Deal

Carlos Santana Sells Hot Tequila Biz In Latest Booze Deal

U.S. alcoholic beverage giant Constellation Brands (IW 500/306) (STZ) said Wednesday it will buy Casa Noble, a Mexican organic tequila maker partly owned by music icon Carlos Santana. “As the first super premium spirits brand we’ll add to our portfolio, Casa Noble is a natural fit,” Constellation CEO Rob Sands said, adding that the acquisition […]

• Constellation Brands Q4 Profit Surges On Strong Beer Sales

Constellation Brands Q4 Profit Surges On Strong Beer Sales

Alcoholic beverage maker Constellation Brands, Inc. (STZ: Quote,CBR.AX,STZ-B: Quote) on Wednesday reported 92 percent surge in profit for the fourth quarter from last year, as results at its beer segment were bolstered by the acquisition of Grupo Modelo’s S.A.B. de C.V.’s (GPMCF) U.S. beer business. Adjusted earnings per share for the quarter beat analysts’ expectations, […]

• The Internet history of the showerbeer. Fess up, have you ever?

The Internet history of the showerbeer. Fess up, have you ever?

I’m naked, and I’m holding a beer. This isn’t totally weird, except for the fact that I’m trying to take a shower at the same time. To be honest, I can’t figure out if I’m enjoying this much. A showerbeer—one word—suggests drinking and showering are so harmonious they should never be separated, but in my […]

• Celeb Chef Rick Bayless To Help Crown Create Craft Beer

Celeb Chef Rick Bayless To Help Crown Create Craft Beer

The TV host and restaurateur, known for Mexican cuisine, is partnering with Crown Imports to make a brew. Bayless is the latest chef to partner with beermakers in a trend that elevates the blue-collar beverage to fine dining. Celebrity chef Rick Bayless, known in the US as the unofficial ambassador for Mexican cuisine, is partnering […]

• Constellation Brands Wants Legal Role in Beer Merger Battle

Constellation Brands Wants Legal Role in Beer Merger Battle

Constellation Brands Inc. STZ -1.84% on Friday asked a federal judge to include the company in legal proceedings on the Justice Department’s challenge to the proposed merger between beer makers Anheuser-Busch InBev NV ABI.BT -0.22% and Mexico’s Grupo Modelo GMODELO.MX +0.05% SAB. Constellation’s legal request included a written declaration from its chief executive that offered an early rebuttal […]

• U.S. Sues to Block Big Beer Merger

U.S. Sues to Block Big Beer Merger

The U.S. government sued to block the world’s biggest beer maker from spending $20 billion to get even bigger, the latest deal to fall prey to global antitrust regulators. The surprise lawsuit seeks to block Bud Light maker Anheuser-Busch InBev NV’s ABI.BT +4.01% deal with the Mexican company that owns the Corona brand, and comes just […]