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%.
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