SABMiller and Anheuser-Busch are among those rumoured to be S&N’s potential partners as it attempts to fight off a joint takeover bid by Carlsberg and Heineken. S&N has rejected the offer, calling it “unsolicited and unwelcome”.
The brewer has dismissed reports it is seeking a team-up with other major players as “pure speculation”. Observers have said that even if it successfully fends off the takeover bid it will have to face some sort of corporate restructuring.
S&N has also threatened to take Carlsberg to court, saying the takeover bid broke the terms of the BBH shareholders agreement.