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Japan's Sapporo Holdings on Friday said that it will acquire California-based Stone Brewing for $168 million, to foray into the American craft beer market. Sapporo will be taking over Stone Brewing's production and sales operations as well as its restaurant business with its distribution business

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Miadiamante, promoted by Krishen Lal Khanna and Anirudh Khanna, acquired a majority stake in IBC from Indus Brew LLC, a US-based entity. Miadiamante Foods & Beverages, a Nashik-based company, has picked up a majority stake in microbrewery company, Independence Brewing Company (IBC), one of the largest

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