Brewer S&N to buy 37.5 pct stake in United Breweries
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Scottish and Newcastle Plc., Britain's biggest brewer, is to buy 37.5 percent of India's United Breweries Ltd in a deal worth 4.66 billion rupees (&#36;106 million), the two companies said on Sunday.
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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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Union and business leaders seek reassurance after the UK's biggest brewer accepted a takeover offer.
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The Milwaukee Brewers have agreed to accept an offer from Los Angeles investor Mark L. Attanasio to buy the team from the family of baseball commissioner Bud Selig.
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SANTIAGO, Chile  - Leading U.S. brewer Anheuser  Busch BUD.N sold its 20 percent stake in Chile's biggest  brewer CCU CCU.SN for $299 million in an auction on the  Santiago Stock Exchange on Friday.
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American engineering group United Technologies (UTC) yesterday moved a step closer to buying fire extinguisher maker Kidde. Kidde confirmed it was planning to open its books to UTC after receiving a revised 165p-a-share offer from the group.
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Battery maker Rayovac Corp. ROV.N is  close to a deal to acquire privately held United Industries  Corp., a maker of lawn and garden products, for about $500  million in cash and stock in a bid to diversify its product  mix, sources close to the situation said on Monday.
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Adolph Coors Co. and Montreal-based brewer Molson Inc. said Friday that they will pay a special dividend to Molson shareholders in connection with the companies&#39; merger.
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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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Tampa Bay Buccaneers owner Malcolm Glazer has again increased his stake in Manchester United, this time to slightly more than 27.6 percent of the publicly traded British soccer club, though there is new speculation that he might not buy much more.
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Molson Inc., seeking to overcome opposition to its planned C$3.8 billion ($3.16 billion) merger with Adolph Coors Co. to create the world&#39;s fifth-biggest brewer, said it will pay minority shareholders a special dividend.
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Johnson &amp; Johnson (JNJ.N: Quote, Profile, Research) will buy Guidant Corp. (GDT.N: Quote, Profile, Research) for $23.9 billion in cash and stock, giving the health-care products
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Johnson &amp; Johnson has agreed to buy Guidant Corp. for $25.4 billion in cash and stock, the companies said on Wednesday, giving the healthcare products maker a foothold
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Belgian drugmaker UCB UCBBt.BR has   agreed to buy Germany's Schwarz Pharma SRZG.DE for around   $5.6 billion in shares and cash, in the third major drug sector   transaction in Germany in five days.
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LONDON: US sports tycoon Malcolm Glazer has raised his stake in Manchester United Plc to 27.63% from 25.3%, the Premier League club said yesterday, heightening speculation that he will bid for them.
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SABMiller, the world&#39;s second largest brewer&#39;s Chinese joint-venture, China Resources Breweries Limited (CRB) has acquired the Chinese brewing interests of Lion Nathan for an equity value of $71-million and estimated assumed debt of $83-million, CRM
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MONTREAL (CP) - Molson Inc. shares gained ground Friday after the brewer announced its shareholders will get a special premium if they agree to a proposed merger with Colorado beer maker Adolph Coors Co.