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.




Bookmark this


Site Search

COMMENT

Reasons to be cheerful

I would like to think my outlook on things is generally optimistic. Perhaps that’s a natural consequence of working with something designed to give pleasure. But recently it has become increasingly difficult to ignore a creeping sense of negativity pervading the British wine trade.

Click for more »
Upcoming events

Polls

Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know

Facebook

Twitter