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Heineken, Carlsburg up S&N offer

Thursday 15 November 2007

Brewers Heineken and Carlsburg have increased their cash offer for Scottish & Newcastle to 750 pence a share, valuing the British brewing group at €10.3bn. .

The previous bid was 720 pence. S&N dismissed the earlier bid as a 'significant undervaluation'

© DutchNews.nl


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