British brewer ups pressure on Carlsberg over Russian venture
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British brewer Scottish and Newcastle said Tuesday it has submitted a detailed claim to an arbitration court to secure control of Russian joint venture BBH amid a bitter row with co-owner Carlsberg.
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Business & money: Â· Proposal would create Britain's biggest pub group Â· Other predators circling after finance debacle
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Carlsberg  and Heineken  on Friday agreed a joint cash bid of 800 pence a share for Scottish and Newcastle (S&N)  that will split up the British brewer of Foster's and Kronenbourg.
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German investment bank Deutsche Bank challenged the right of Yukos to claim bankruptcy protection under US law. It will place adverts and in a court filing on Tuesday it said the oil giant has few Texas ties
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Two of the world's largest brewers - Belgium's Inbev and Holland's Heineken - announce new takeovers in Germany and Russia respectively.
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The pound was firmer, hitting 1.9846 usd at one point -- its highest level this year, on news of a major stock market acquisition and as markets scaled back their interest rate cut expectations. Scottish & Newcastle, the UK's largest brewer, announced it has agreed to be bought by Carlsberg and Heineken, for around 7.6 billion pounds.
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England's marketing men must have been tempted to approach the manufacturers of Alka Seltzer, the country's favourite hangover remedy, about sponsoring the international friendly with the Ukraine.
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British brewer Scottish & Newcastle said Friday it had accepted a 7.8 billion pound (10.5 billion euro, 15.5 billion dollar) takeover bid by Carlsberg of Denmark and Heineken of the Netherlands.
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Boris Zingarevich&#39;s company have denied the Russian millionaire&#39;s son is planning to invest Â£20m in Everton. &quot;Anton is a student at business school, he has not yet finished,&quot; said Svyatoslav Bychkov, a spokesman for Ilim Pulp, Zingarevich&#39;s company.
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The state-run Russian company that claims the rights to Stolichnaya vodka has targeted British spirits and wine group Allied Domecq in its fight to control the hundreds of millions of dollars in annual sales of the famed Russian vodka in the United States
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Scottish and Newcastle said Thursday it had rejected a new takeover bid from Danish group Carlsberg and Dutch peer Heineken that was worth 7.4 billion pounds.
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Authorities intensified the pressure on the OAO Yukos oil giant Thursday, arresting a manager at a key subsidiary and issuing an international arrest warrant for the company&#39;s chief lawyer.
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Scottish & Newcastle, the brewer being bought by Carlsberg and Heineken, said on Tuesday that it made a loss of 105 million pounds in 2007.
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British brewer Scottish and Newcastle (S and N) rejected a takeover bid Thursday from Denmark's Carlsberg and Dutch peer Heineken worth 6.8 billion pounds, dismissing the offer as an effort to get hold of S and N business "on the cheap."
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Britain-based brewer SABMiller and a number of international rivals are interested in snapping up Colombian brewer Grupo Empresarial Bavaria, a source close to the case revealed.
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Russian oil giant Yukos yesterday increased the stakes in its battle with the Kremlin when it filed for bankruptcy in the United States in an unusual move possibly intended to pitch Washington against Moscow.
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Union and business leaders seek reassurance after the UK's biggest brewer accepted a takeover offer.