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FIFCO’s Shareholders Approve Sale of the Company’s Beverage, Food, and Retail Business to HEINEKEN
Globenewswire· 2025-10-07 20:23
Core Points - FIFCO's shareholders have approved the sale of its beverage, food, and retail operations to Heineken, covering multiple Central American countries and Mexico [1][2] - The transaction is expected to be completed in the first half of 2026, pending regulatory approvals [2] Group 1 - FIFCO's beverage, food, and retail operations in Costa Rica, Guatemala, El Salvador, Honduras, and Mexico are included in the sale to Heineken [1] - The sale also encompasses FIFCO's stakes in beverage businesses in Nicaragua and Panama [1] - The binding agreement for the sale was announced on 22 September 2025 [2] Group 2 - The completion of the transaction is subject to customary regulatory approvals [2] - Further announcements regarding the transaction will be made as necessary [2]
JP Brand Advisors and Canopy USA Form Strategic Partnership to Expand Hemp Beverage Distribution
Prnewswire· 2025-10-07 12:01
Core Insights - JP Brand Advisors and Canopy USA have formed a strategic partnership to enhance the distribution of Wana Wellness's hemp-based beverages and gummies in the U.S. market [1][3] - The partnership highlights the growing focus on hemp-based functional beverages, which are gaining traction due to increasing consumer demand for wellness-oriented products [2][4] Company Overview - JP Brand Advisors acts as an outsourced sales and strategy partner for beverage alcohol and emerging functional beverage brands, providing market coverage and distributor management [5] - Canopy USA is a holding company with a significant interest in the U.S. cannabis market, owning Wana Brands, a leader in North American edibles, and other cannabis-related entities [6] Market Trends - There is a rising interest among U.S. retailers and distributors in non-alcoholic, functional, and hemp-infused beverages, driven by changing consumer preferences and clearer regulations in key markets [4]
Greene Concepts Calls for Action on U.S. Water Insecurity Highlighted by L.A. Times
Accessnewswire· 2025-10-07 11:45
MARION, NORTH CAROLINA / ACCESS Newswire / October 7, 2025 / Greene Concepts Inc. (OTCID:INKW), owner and operator of a 60,000 sq. ft. bottling and beverage facility in Marion, NC, responds to a recent Los Angeles Times article, "Humanity is rapidly depleting water and much of the world is getting drier" by Ian James and Sean Greene (link), which highlights the growing threat of freshwater scarcity across the western United States and beyond. ...
Greene Concepts Brings Premium Be Water(TM) to Homes Nationwide at Affordable Prices
Accessnewswire· 2025-10-02 11:45
MARION, NC / ACCESS Newswire / October 2, 2025 / Greene Concepts Inc. (OTCID:INKW), a publicly traded beverage and bottling company and proud owner of the Be Waterâ"¢ artesian spring water brand, is excited to announce new lower pricing for Be Water purchased directly through the Company's website. Consumers can now enjoy premium-quality hydration at a more affordable price, delivered straight to their home or preferred location. ...
Recent Market Trends and Significant Price Changes in Companies
Financial Modeling Prep· 2025-09-30 22:00
Group 1: Beneficient (BENF) - Beneficient experienced a significant stock price increase of 123.50%, reaching a day high of $1.05, with 487,058,365 shares traded [1][5] - The company has reported reduced operating costs and new product launches, positioning it for growth in adjacent markets [1] Group 2: Iron Horse Acquisitions Corp. Warrant (IROHW) - Iron Horse Acquisitions Corp. Warrant saw a 71.43% increase in stock price, reaching $0.12, with 292,633 shares traded, indicating growing interest in the company's business prospects [2] Group 3: Sunrise New Energy Co., Ltd. (EPOW) - Sunrise New Energy Co., Ltd. experienced a 57.95% increase in stock price, reaching $1.42 with a day high of $1.59, trading 48,846,415 shares, and is involved in graphite anode material for electric vehicles [2] Group 4: Innovation Beverage Group Limited (IBG) - Innovation Beverage Group Limited saw a 50.79% increase in stock price, reaching $4.74 with 58,516,680 shares traded, and is exploring a potential merger with BlockFuel Energy Inc. to expand its portfolio and market reach [3] Group 5: Market Overview - The recent price movements across various sectors indicate a dynamic market environment, with companies experiencing significant changes that attract investor and analyst attention [4][5]
Beverage Stock Set to Extend Gains After Upgrade
Schaeffers Investment Research· 2025-09-30 14:51
Group 1 - Morgan Stanley upgraded Celsius Holdings Inc (NASDAQ:CELH) stock to "overweight" from "equal weight" and raised its price target to $70 from $61, citing stronger brand positioning and sales momentum [1] - Analysts are generally bullish on CELH, with 18 out of 21 firms rating it a "buy" or better, and a 12-month consensus target price of $66.88, representing a 14.6% premium to current levels [2] - CELH shares are experiencing a positive trend, marking their third consecutive daily increase and achieving the largest single-day percentage gain since August 29 [3] Group 2 - The stock is currently bouncing off support at the $51 level, but may face resistance around the $60 mark [3] - There is a notable increase in bearish options activity, with the equity's 50-day put/call volume ranking higher than 90% of annual readings [4] - The Schaeffer's Volatility Index (SVI) for CELH is at 51%, indicating low volatility expectations among options traders, as it sits in the low 12th percentile of its annual range [5]
X @Bloomberg
Bloomberg· 2025-09-30 09:48
Red Bull paid shareholders its highest dividend in three years as the energy-drink maker added a one-time payout on top of regular profit distributions https://t.co/92RlWvnMbo ...
X @Bloomberg
Bloomberg· 2025-09-29 14:20
Asahi Group suspended some beverage shipments on Monday after a cyberattack hobbled some of the drinks company’s operations in Japan https://t.co/SA4OM1XiNt ...
Two of China Resources' units decamp from Cayman Islands to redomicile in Hong Kong
Yahoo Finance· 2025-09-27 09:30
Core Viewpoint - Two listed companies under China Resources Group are planning to redomicile from the Cayman Islands to Hong Kong, marking a significant trend in the market as they aim to reduce operating costs and enhance investor confidence [1][4][6] Group 1: Company Moves - China Resources Beverage (Holdings) and China Resources Building Materials Technology Holdings are the two companies making the move to redomicile [1][2] - The companies require approval from the Hong Kong Company Registry, Cayman Islands regulators, and their shareholders for the redomiciliation [2][3] Group 2: Regulatory and Operational Implications - The redomiciliation aims to reduce compliance costs associated with adhering to regulations from both Hong Kong and the Cayman Islands [3][6] - The new law introduced in May facilitates the reincorporation process without affecting business operations or listing status, which previously required a complex and costly winding down of the existing entity [6] Group 3: Strategic Intent - The move is seen as a strategic initiative to establish a stronger presence in Hong Kong, which could enhance confidence among local and international investors [4] - The companies intend to leverage their new domicile to expand their international business operations [3][6] Group 4: Background on China Resources Group - China Resources Group is a state-owned enterprise headquartered in Hong Kong, with diverse business interests including consumer goods, energy, urban construction, and healthcare [5] - The group has a significant presence with nine listed companies in Hong Kong and 13 on the A-share market in mainland China [5]
American Rebel (NASDAQ: AREB) Announces Fully Resolved Bank of America (“BofA”) Default, Eliminates Risk, and Secures Long-Term Financing Flexibility with Streeterville Capital LLC
Globenewswire· 2025-09-26 17:10
Core Insights - American Rebel Holdings, Inc. has successfully resolved its default with Bank of America, eliminating legal risks and strengthening its balance sheet [1][2][6] - The company has consolidated its financing under a new long-term agreement with Streeterville Capital, enhancing operational flexibility and positioning for future growth [1][4][5] Financial Restructuring - The resolution of the default includes full repayment of the outstanding line of credit with Bank of America, which has closed all related litigation [6] - Foreclosure risks against Champion Safe Co. and other subsidiaries have been eliminated, protecting valuable assets [6] - The company has restructured its debt under a facility with Streeterville Capital, including a seven-year convertible exchange note with a principal balance of approximately $6.58 million maturing in June 2027 and a new $1.3 million convertible exchange note maturing in 2032 [6][10] Strategic Partnerships - American Rebel has built a strategic relationship with Streeterville Capital, completing multiple transactions since June 2025, including a $2 million investment in Damon Inc., which focuses on electric motorcycles [1][9] - The investment in Damon Inc. allows American Rebel to participate in secured creditor rights while maintaining operational flexibility [10] Operational Impact - The restructuring has lifted the burden of interest payments, allowing the company to allocate resources towards expanding its product portfolio, including safes, concealed carry gear, and American Rebel Beer [7][11] - The resolution of litigation and release of liens has strengthened the company's financial foundation, enhancing shareholder value and investor confidence [11]