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Lion Nathan has refused to back down from its approach for Coca-Cola Amatil, despite The Coca-Cola Company's swift rebuttal of its initial A$7.7bn offer.

Australian brewer Lion Nathan has raised its 2009 outlook despite "volatile" economic conditions and a "challenging" financial year.

INDIANAPOLIS, IN (MARKET WIRE) Olinger Distributing has been named the Indiana Chapter of the Association of Fundraising Professionals (AFP) Outstanding Corporate Philanthropist for 2008.

The chief executive of the Scotch Whisky Association has called for a more rational tax structure in India, attacking the country for its "Byzantine" state tax systems.

Australia's drinks industry could be facing a few seismic shifts over the next few months.

Vijay Mallya, owner of the UB Group, sits astride an enormous business empire which includes some of the largest drinks operations in one of the world's most exciting emerging markets. In the second part of this month's just-drinks interview, Mallya spoke with Olly Wehring about his companies' activities in the Indian beers and spirits sectors, and the exciting opportunities ahead for the country's fledgling wine market.

InBev has announced that it has completed its acquisition of Anheuser-Busch, closing the biggest deal in brewing history.

More than 3,000 jobs are set to be cut by Pepsi Bottling Group across the US, europe and Mexico, as part of a major restructuring programme.

CHICAGO, IL (MARKET WIRE) Intelligentsia Coffee celebrates receiving three major awards in the past three months for their accomplishments as gourmet coffee roasters. In August 2008, Intelligentsia was named "A Best U.S. Coffee Bar" by Food & Wine. In September 2008, Citysearch.com dubbed Intelligentsia "Los Angeles - Best Coffee." Then in October 2008, Intelligentsia's Hacienda La Esmeralda was revered as "One of the World's Nine Best Coffees" by Saveur.

DENVER, COLORADO and MONTREAL, QUEBEC (MARKET WIRE) In a planned transition consistent with the Company's by-laws, Molson Coors Brewing Company (TSX: TAP.A)(TSX: TAP.B)(NYSE: TAP) today announced that Pete Coors, the current vice chairman of the Molson Coors Board of Directors will assume the role of chairman, and Eric Molson, current chairman, will assume the role of vice chairman, effective December 29, 2008. The by-laws provide for the chairman and vice chairman to alternate between the Molson and Coors families on a periodic basis.