Search results for "alcohol"

January 17, 2013
US: $20.1B alcohol merger may crumble from DOJ demands

The high-profile merger between Anheuser-Busch InBev and Grupo Modelo is in jeopardy, according to reports. Sources say InBev could walk away from the $20.1 billion deal if the company has...


January 15, 2013
India: $2B alcohol merger on hold for review

The Competition Commission of India has announced it will review a proposed merger between Diageo Plc and United Spirits Ltd. United Spirits is the largest spirits company in India, according...


January 07, 2013
UK: Alcohol cos’ $2.1B merger delayed pending Indian officials’ approval

According to a source, a mandatory tender offer by drinks group Diageo to buy up to 26 percent of India’s United Spirits is delayed due to a lack of approval...


April 24, 2012
Taiwan Solidarity Union blasts TFTC for not investigating state-run power...

The Taiwan Solidarity Union has criticized the Taiwan Fair Trade Commission (TFTC) for failing to investigate two state-run companies. The TFTC had launched probes into 23 consumer products upon suspicion...


March 31, 2012
Snooki Hits Payments with Her Own Prepaid Card

In an attempt to benefit from the overwhelming popularity of competing celebrity-endorsed prepaid cards, Nicole “Snooki” Polizzi is launching a reloadable product of her own. Polizzi is best known for...


March 27, 2012
Lawsuit alleging Utah drink special ban amounts to illegal restraint...

U.S. District Court Judge Bruce Jenkins has given the Utah Hospitality Association 20 days to amend their lawsuit challenging state liquor legislation. Utah’s liquor laws were revised in 2011 to...


February 23, 2012
Reviewing GoPago, JPMorgan’s Latest Payments Investment

JPMorgan Chase’s equity investment in GoPago, a mobile payment startup, will help the young company in two ways. For one, as the companies’ official release explains, the capital provided by...


February 23, 2012
3V Adds Parental Controls to Prepaid

Dublin-based 3V has partnered with Visa to create a Visa Prepaid card with parental controls for U.K. customers. When the so-called “youth card” is purchased, parents are recognized as Master...


February 07, 2012
TruTouch Technologies Closes $3M B Round Financing with the iTulip...

TruTouch Technologies, a pioneer in non-invasive biometric intoxication detection systems, today announced that it has secured $3M which will enable the company to build sales revenues through direct sales and...