Finance

The 15 richest Brits in drinks

Recent acquisitions, changes in consumer habits, and the impact of Covid-19 lockdowns on sales have shaken up our ranking of the wealthiest men and women in drinks this year.

Campari takes out €750m loan facility

Davide Campari-Milano has further strengthened its balance sheet by arranging a medium-term loan for up to €750 million with a consortium of banks.

AB InBev cuts dividend and pushes back AGM

The world's largest brewer has halved its dividend payout to investors in an effort to save €1 billion (US$1.1 billion).

Ex-United Spirits boss Vijay Mallya gets extra six months to pay back billions in debt

A UK court has given Vijay Mallya, the disgraced former head of Indian drinks group United Spirits, has been given a further six months to pay back more than £1 billion in debt claimed by a group of banks after the collapse of his airline.

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