Euro giant InVivo confirms $1.5b bid for United Malt | Queensland Country Life
European agricultural co-operative, InVivo, will become the world's biggest maltster if it gets the green light to buy...
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European agricultural co-operative, InVivo, will become the world's biggest maltster if it gets the green light to buy...
A French-based maker of the key ingredient in beer is looking to expand its presence with the proposed acquisition.
United Malt shares jump 8.98% this afternoon after announcing Malteries Soufflet signed a deal to buy out the craft beer and distillery producer for $5 per share. The deal still needs sign-off but could be a big move for malt producers worldwide.
Recessionary conditions in global beer markets have eroded United Malt Group's orders from brewers.
Recessionary conditions in global beer markets have eroded United Malt Group's orders from brewers.