Shareholders Toast Brewers' Merger
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BRUSSELS/SAO PAULO  - Shareholders gave their  blessing on Friday for Belgium's Interbrew INTB.BR to buy  Brazil's AmBev AMBV4.SA in a $9.7 billion deal that  will create the world's largest brewer.
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Anheuser-Busch Cos. Inc., the world's largest brewer, Friday auctioned off its 20 percent stake in Chilean brewer Compania Cervecerias Unidas SA for about $300 million, according to the Santiago stock exchange.
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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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Shareholders wrap up voting on Monday on a merger deal that would combine the parents of the Chicago Mercantile Exchange and Chicago Board of Trade to create the world's largest derivatives exchange.
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Brewing giants Carlsberg and Heineken say they are in talks about forming a consortium to buy Scottish & Newcastle.
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Carlsberg and Heineken on Friday finally agreed a cash bid of 7.8 billion pounds ($15.3 billion) to buy and break up Scottish and Newcastle (S&N) to boost the Danish brewer's position in Russia and the Dutch group's presence in western Europe.
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Canadian brewer Molson Inc.&#39;s proposed merger with Adolph Coors Co. may lack sufficient shareholder support because there soon may be another offer to consider, Molson&#39;s chief
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BRITAINâS biggest brewer, Scottish and Newcastle (S&amp;N), is to launch a new assault on the Indian market after a Â£54.6 million tie-up with United Breweries.
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Brewing giant SABMiller Plc said on Wednesday it would welcome merger talks with Canada's Molson Inc. if the Canadian brewer's own &#36;8 billion merger with U.S. beermaker Adolph Coors Co. were to fail.
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BRUSSELS, Belgium Aug. 27, 2004 - Belgium&#39;s Interbrew SA and Brazil&#39;s Ambev completed their planned $11.4 billion combination Friday after shareholders of both companies approved the deal that creates the world&#39;s largest brewer by volume.
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MONTREAL (CP) - Molson Inc. may have removed the last obstacle to its proposed merger with Colorado beer maker Adolph Coors Co. on Friday, after it agreed to fork out a premium of $3.
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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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Carlsberg (CARLb.CO) 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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Brewers Carlsberg and Heineken will buy beermaker Scottish & Newcastle for $15.3 billion, the companies said Friday.
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Molson Inc. and Adolph Coors Co. plan to hold shareholders votes on their merger to create the world&#39;s fifth-biggest brewer on Jan. 19 and hired Bank of Montreal&#39;s securities arm to persuade investors to cast ballots.
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MONTREAL (CP) - Molson Inc. and Adolph Coors Co. are sweetening their brewery merger plan with a special dividend to Molson shareholders worth $381 million.
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The battle for Japanese beer maker Sapporo Holdings, which faces a takeover bid by U.S. hedge fund Steel Partners, got a shakeup on Friday with a newspaper reporting that Asahi Breweries Ltd. has proposed a business integration.