C&C reports revenue down 5% in 5 month to July; To acquire Anheuser-Busch InBev operations in Ireland/Scotland
Aug 27th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
C&C Group plc, the cider and spirits manufacturer, said today in a trading Statement for the 5 months ended 31 July 2009, that revenue declined by 5% on a constant currency basis versus the same period last year, comprising a drop in cider sales of 4% and a decline in spirits and liqueurs revenue of 22%. C&C also announced today that it is to acquire the businesses of Anheuser-Busch InBev in Ireland, Northern Ireland and Scotland for a total consideration of £180 million (approximately €205 million).