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City snapshot: CVC agrees £767m deal to buy listed drinks player Stock Spirits

Private equity player CVC  has agreed a deal to buy Stock Spirits, the listed producer of branded spirits and liqueurs in Central and Eastern Europe and Italy.

City snapshot: AB InBev boss Carlos Brito to step down

By Alec Mattinson2021-05-06T08:00:00+01:00 Top story The world’s largest brewer AB InBev has announced CEO Carlos Brito will step down after 15 years in charge, to be replaced by North America chief Michel Doukeris. Brito will relinquish his duties after 32 years at the company on 1 July. AB InBev Board Chairman Martin Barrington commented: “We are grateful to Brito for his tremendous service and leadership.” “Among his many accomplishments, Brito was the architect who led and built AB InBev into the world’s leading beer company and a leading global consumer packaged goods company by masterfully integrating the many businesses that comprise AB InBev today.

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