'CVC buys AB InBev arm in $3.03bn deal'
The biggest European private equity deal of the year was revealed today, as CVC Capital Partners announced that it will pay as much as $3.03 billion (£1.8 billion) for AB InBev's central European operations. The deal will see CVC brew and sell Stella Artois, Beck's, Lowenbrau, Hoegaarden, Spaten and Leffe under licence in eight countries. They are Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, Romania, Serbia and Slovakia - London Evening Standard
The amount of alcohol people are allowed to bring into Britain from Europe should be cut in order to combat the binge drinking culture, the National Institute for Health and Clinical Excellence has said. The attempts to cut down on so-called 'booze crusing' was recommended along with a raft of others including increasing the price of alcohol and reducing the number of shops that sell it, in guidance aimed at preventing harmful drinking - The Telegraph
Pompeii is being brought back to life by new wines produced in the vineyards dating back to Roman times. The wines are only made from grapes grown inside the ancient city which was destroyed when Mount Vesuvius erupted in 79AD - The Mirror
SchoolgirlL Rhona Tavener was more than five times the drink drive limit when she drank herself to death at a posh house-warming party, an inquest heard today. Straight "A" student Rhona, 16, is thought to have drunk up to half a litre of vodka at the bash thrown by the wealthy Forbes family at their new riverside home - The Sun