With the investment, the company aims to boost its capacity for “beyond beer” beverages like Cutwater and Nütrl vodka seltzer, two ready-to-drink canned cocktails. The Bud Light brewer said it will ...
The breweries' underperformance on the stock market over the last few years has also meant that the shares are now more attractively valued. The average Price/Earnings multiple of the nine breweries ...