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’The Real Deal – downing brown ale, Gekko-style
“Well, Sir Brian Stewart, John Dunsmore, shareholders of Scottish & Newcastle, we, the chief executives of Carlsberg and Heineken, appreciate the opportunity you are giving us to speak today.”We are not here to indulge in fantasy,
Carlsberg plans $6bn rights issue for S&N
Carlsberg is planning a DKr30bn rights issue to finance its proposed £7.1bn takeover of Scottish & Newcastle. The Danish brewer, which has teamed up with Heineken, has lined up Danske Bank and Nordea,
Relax, says former Carlsberg man, this S&N bid will be just fine
Despite seemingly missing all the fun, Nils Smedegaard Andersen is toeing the Carlsberg family line.
He formally vacated the chief executive’s chair at the Danish brewer just a couple of weeks ago – heading off to become boss of AP Moeller-Maersk.
Carlsberg, Heineken may get hostile
Carlsberg and Heineken are next week set to launch a formal bid to buy and break-up Scottish and Newcastle in a move that has enraged Britain’s biggest brewer. As reported by FT Alphaville, the pair were on Wednesday understood to be planning a friendly offer.
S&N in play
Having been smoked out on Markets Live, Carlsberg and Heineken have formally confirmed their interest in acquiring Britain’s Scottish & Newcastle. Here’s the key par from the statement:
Carlsberg and Heineken confirm that they are in discussions regarding the formation of a consortium to make an offer for the entire issued share capital of Scottish & Newcastle.
Project Spice — who might have spoiled the party?
In considering Diageo’s proposal to carve up Scottish & Newcastle between them, SABMiller gave considerable thought to who else might step in to partner the UK drinks giant if it declined – and to which companies might be prompted to launch a counter-bid once S&N were in play.
S&N rises 12% on takeover rumours
Some traders believe the story is merely hype, and some brokers say that any such deal would be defeated by competition issues. Nevertheless, nearly 45m shares in Scottish & Newcastle, the UK’s biggest brewer,
S&N in the frame – our sources say there’s a bid, and it’s not Heineken
In the good ol’ days, when beer was beer and British pubs shut too soon, a 10 per cent move in a stock price meant one thing: a statement, issued at the behest of the The Panel on Takeovers & Mergers.
It would be begin,