Global beer industry watching S&N

02 November, 2007

As OLN went to press, the brewing world was waiting for the next development in the Scottish & Newcastle takeover saga.

Last week, Scottish & Newcastle rejected a "highly conditional" takeover offer from Carlsberg and Heineken of 720 p per share.

The approach was quickly rebuffed by S&N, wh ich urged shareholders to "take no action".

S&N has also threatened to take Carlsberg to court, saying the take-

over bid broke the terms of its joint shareholders' agreement for Baltic Beverages Holdings.

For regular news updates on this story, see OLN's website, offlicencenews.co.uk.




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Richard Hemming MW asks: what’s the next step for indies?

In the not-too-distant future, when all humans are born with inbuilt VR headsets and Trump is Supreme Commander of the Known Universe, how will students of wine look back on the present era of retail in the UK? And, in such a dystopian world, why would anyone care?

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