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Archive for the ‘Russia’ Category

Yes, it’s been a while. I’ve been in Dublin again, and I have some stuff to attend to both at work and at home. But you’re not forgotten.
The weekly business magazine of Danish daily Berlingske Tidende has a major article (available online, but in Danish) on Carlsberg’s strategy following the acquisition of Scottish and Newcastle. [...]

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The official press release:
Scottish & Newcastle plc (”S&N” or the “Company” ;) and Carlsberg A/S (”Carlsberg” ;) and Heineken N.V. (”Heineken” ;) (together the “Consortium”), confirm that they have entered into discussions in relation to a possible recommended offer for S&N at 800 pence per share. The Consortium’s proposal is subject to certain pre-conditions, including satisfactory completion of [...]

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 From the Morning Advertiser:
Scottish & Newcastle (S&N) has rejected a revised bid of 780p a share from Carlsberg and Heineken.
But S&N said it would be willing to talk if a bid of 800p a share was made by the Consortium.
The revised offer values the British brewer at £7.6bn.
S&N said that it had considered the improved [...]

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The Danish business weekly Berlingske Nyhedsmagasin has an analysis on why the attempted takeover of Scottish & Newcastle is necessary for Carlsberg:
Carlsberg has not been active in the game of consolidation that has been going on for decades among the global breweries.
But that is a thing of the past. Carlsberg has, together with Heineken, entered a hostile [...]

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European beer giants Heineken and Carlsberg are discussing to join forces to take over Scottish & Newcastle. This does not mean a merger between the Danes and the Dutch, however, they intend to split the spoils:
A statement from Carlsberg said: “An offer, if made, is likely to be in cash. It is currently intended that [...]

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