Carlsberg raises cash for possible brewery buy

27 June, 2007

Carlsberg could raise £7 billion towards a brewery acquisition, but has no concrete plans to buy Scottish & Newcastle, a spokesman has told OLN.

Danish authorities have approved a bid by the Carlsberg Foundation, which owns 51 per cent of Carlsberg’s shares, to change its charter so it can double its share capital and raise £5 billion. And it can borrow a further £2 billion.

“We have absolutely no concrete plans but you always have to prepare yourself,” said media relations director Jens Peter Skaarup. “If we suddenly should get an offer it would be too late to go to the Danish authories and ask them for permission to change the Foundation’s charter, so we have to do that in due time.”

In the UK both Carlsberg and S&N have dismissed the takeover talks as speculation, but S&N’s share price has climbed amid the rumours.

Bookmark this

Site Search


What to expect at Christmas

The arrival of October means that we’re now officially in Nielsen’s Christmas trading period. Manufacturers and retailers alike have until December 30 to optimise their sales plans and activate them in-store in order to win at Christmas.

Click for more »
Upcoming events


Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know