Scottish & Newcastle accepts Carlsberg-Heineken takeover bid
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Brewer Scottish & Newcastle said Friday it had accepted a 7.8 billion pound takeover bid by Carlsberg of Denmark and Heineken of the Netherlands.
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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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Britainâs largest brewer, agreed to a Â£7.8 billion ($15.4 billion) takeover by the European rivals Carlsberg and Heineken.
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Miller Brewing Co. said on Monday that  parent company SABMiller Plc  reached an agreement with  The McKenzie River Corp. to acquire two alcoholic drink brands  for &#36;215 million.
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One of Scotlandâs most famous whisky brands has been sold to a French company for Â£300 million, it was announced tonight. The board of Glenmorangie confirmed
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Carlsberg denies claims from bid target Scottish & Newcastle that it has breached the terms of their joint venture.
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Scottish & Newcastle is to market the remainder of its lease over a 7,300sqft office space off St James' Boulevard.   The Edinburgh-based brewer took a 15-year lease over the space at Hanro's Citygate development in March 2002.
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Glenmorangie, one of Scotland&#39;s last independent whisky distillers, is to be bought by French drinks firm Moet Hennessy for about Â£300m (433m euros).
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LONDON (CBS.MW) -- UK brewer Scottish &amp; Newcastle (UK:SCTN) Monday confirmed an agreement to take up to a 37.5 percent stake in United Breweries, the largest brewer in India.
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Britain&#39;s brewery giant Scottish &amp; Newcastle is addressing binge drinking by voluntarily placing health warnings on its beer bottles, the Guardian reported Oct. 18.
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Anglo-Australian mining giant Rio Tinto Wednesday said all conditions on its 38.1 billion US dollar takeover of Alcan Inc had been satisfied and most shareholders had accepted its offer.
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Whisky distiller Glenmorangie said today it was in talks with a number of potential suitors about a takeover. The firm, one of the largest remaining independent companies
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LONDON, August 27 (New Ratings) - Belgian brewing giant, Interbrew SA (ITK.ETR), has received the approval of its shareholders for its proposed acquisition of the Brazilian brewer, AmBev.
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Australia's Craig Parry won a  sudden-death playoff with Nick O'Hern on Sunday to take the  Heineken Classic at Royal Melbourne.
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The five professors who run Carlsberg  are preparing to bid for Scottish & Newcastle Plc, safe in the knowledge that there can be no counter offer from the British brewer or from anywhere else.
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British brewer Scottish and Newcastle on Thursday rejected a takeover bid from Denmark's Carlsberg and Dutch peer Heineken worth 6.8 billion pounds (9.7 billion euros, 13.9 billion dollars).
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U.S. brewer Anheuser-Busch has approached British peer Scottish & Newcastle Plc about helping it in any bid for full control of Baltic Beverages Holding, The Sunday Times newspaper reported.