just-drinks.com October 22, 2007
Issue 393

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Editorial

Olly Wehring

There was one huge story that dominated not only just-drinks last week, but pretty much all the business sections of all the papers. When Carlsberg and Heineken were forced to reveal that they are talking about breaking up Scottish & Newcastle, the world seemed to stop here – for a moment, at least. S&N followed the announcement with a terse riposte, describing any potential bid as “unsolicited and unwelcome”. We took a closer look at the potential repercussions, and concluded, rather obviously, that this story has quite some way to run yet.

We’ll let you know every twist and turn as it happens.

Elsewhere, just-drinks was in Ireland this week, at the unveiling of Jameson’s Rarest Vintage Reserve – helicopter rides, Sinead O’Connor crooning… This job MUST have some downsides.

We’ll let you know if we find any.

In the wine world, it looks like the end may finally be in sight for the Evans & Tate saga. The Australian wine company has set its D-day to 14 December, when its fate is set to be decided.

We’ll keep you posted on this and any other further developments.

For you soft drinks folk, we also reported a successful set of third quarter results for the Coca-Cola Co. With North America signalling an improvement for the company for the first time in over a year, it will be interesting to see how the rest of the soft drinks world fares in the last two quarters of 2007.

Again, we’ll keep you fully up to date on all those figures as they come in.

Until next time...

Olly Wehring, Managing Editor

Web: www.just-drinks.com
Email: editor@just-drinks.com

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Comment - The beginning of the end for Scottish & Newcastle? [MEM]

The announcement earlier this week that Carlsberg and Heineken are discussing making a bid for Scottish & Newcastle came far too early for the two European brewers. With no bid having been actually made, it's likely that Carlsberg and Heineken will have to pay a fair bit above the odds to take control of S&N.

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The fight to conclude the Doha Development Round

This month's briefing discusses the Doha development round. Trade officials and diplomats of the 150 World Trade Organisation (WTO) member countries are scheduled to return to the organisation's Geneva headquarters this September to discuss ways in which their governments can cut their food and drink tariffs and production subsidies. The report looks at the latest 'modalities' proposals and what member governments think about the proposals, as well as the political prospects for success in the Doha round.

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