Heineken, Carlsburg start talks with S&N

UK brewer Scottish & Newcastle said on Thursday it has ‘entered into discussions’ with Heineken and Carlsburg following the Dutch-Danish consortium’s increased offer.

Heineken and Carlsburg increased their bid for S&N yesterday to 800 pence a share in cash.
The higher bid values the British company at €13.7bn, the Financieele Dagblad said.
The last 20 pence of the bid will be paid by Carlsburg, bringing its stake in the project to 55.7%, the paper reported.
Heineken gained 3.9% in trading on Thursday while Carlsburg fell 3.7%.

Thank you for donating to DutchNews.nl.

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation