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Today's headlines

  • Israeli food and beverage maker Strauss Group reports a 4.8% increase in Q3 2014 sales to NIS 2.1bn, with operating profit registering an increase of 6.8% to NIS 227m

  • The Coca-Cola Company, SABMiller and Gutsche Family Investments agree to merge the bottling operations of their non-alcoholic ready-to-drink beverage businesses in Southern and East Africa to form Coca-Cola Beverages Africa

  • In Spain, Eden Springs Group acquires the office water solutions activities from Pascual Corporation, including the bottled water home and office delivery services

  • According to reports, Danone is considering selling its 20% stake in Japanese group Yakult Honsha, in a deal worth up to US$2bn

  • In the Middle East, PepsiCo reveals that Saudi Arabia is set to be the launch market for its revamped 7UP brand in early December, ahead of its release in other GCC countries in early 2015

  • Good habits and bad habits - see new blog by Zenith Chairman Richard Hall on www.bevblog.net

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