Bottle shops liquidating? A microbrewery in a football stadium? The cycle has peaked and the bell is ringing.
bonds
A FSTA Buck
Asahi’s acquisition of London’s iconic Fuller’s brewing business had a shocked beer world searching for explanations last Friday. But the explanation is simple: this is a once-in-a-generation offer that Fuller’s board would have been negligent to turn down.
On Bond Yields and Brewery Deals
Fuller's acquisition of Dark Star last week led to another round of speculation about beer-industry acquisitions to come. But do current trends in bond yields suggest that consolidation may already have peaked?
