Luckin Coffee opens first U.S. stores in Manhattan, expanding its global footprint and intensifying competition in the U.S. coffee scene.
Campari divests Cinzano and Frattina to focus on core spirits portfolio, with completion of the deal expected by end of 2025.
Deal marks a key step in Diageo’s strategy to optimize operations, cut fixed costs, and streamline its global production network.
KKR targets majority control of fast-growing Chinese beverage brand Dayao, boosting its consumer portfolio in Asia.
Russian regulators reject Anadolu Efes’ renewed bid to purchase AB InBev’s stake in AB InBev Efes joint venture.