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

Rosé tinted glasses

I was asked recently what I thought the biggest change had been in wine fashion in the past five years. My answer was unequivocal: sales of pink wines. From being a niche that expanded and contracted with the sunshine, rosé has subtly but steadily become a stalwart of many merchants’ ranges, with Provence firmly at the top and asked for by name.

Click for more »
Upcoming events

Polls

Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know

Facebook

Twitter