Cascade Dairy Holdings has acquired a 51% stake in Columbia Basin Dairy Holdings to improve its competitiveness.

Columbia Basin Dairy Holdings has a 60-cow dairy herd, which will provide Cascade Dairy Holdings with an additional $264,384 a year in revenue.

Anheuser-Busch InBev (AB InBev) has acquired 4 Pines, an Australian craft brewer.

The acquisition is intended to improve AB InBev's production capacity and expand the brand's presence globally.

Financial details have not been disclosed.

"Avanco Capital Corporation intends to acquire Hill Street Marketing by purchasing its entire issued and outstanding securities."

Avanco Capital Corporation intends to acquire Hill Street Marketing by purchasing its entire issued and outstanding securities.

Based in Canada, Avanco Capital Corporation is a capital pool company, while Hill Street Marketing is an alcohol-free drinks producer based in Canada.

The purchase consideration for the acquisition is C$7m ($5.67m).

Avanco Capital will issue 40 million shares to Hill Street Marketing's shareholders at a price of C$0.175 ($0.14) a share, resulting in a reverse takeover by Avanco's shareholders.

Hill Street Marketing will issue 3.4 million inducement warrants to Hill Street Marketing's shareholders immediately prior to the transaction closure.

Hill Street Marketing will become a wholly-owned subsidiary of Avanco Capital, while Avanco's name will be changed to Hill Street Beverage Company upon completion.