S&N mounts legal challenge in takeover defence
By Ben Cooper | 1 November 2007
Scottish & Newcastle faces a tough battle to defend itself from the joint takeover launched by Carlsberg and Heineken. But today's announcement of a legal challenge to Carlsberg over alleged breaches of the shareholder agreement governing their 50/50 joint venture, Baltic Beverages Holding (BBH), suggests it will not be going down without a fight. Ben Cooper reports.
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Scottish & Newcastle faces a tough battle to defend itself from the joint takeover launched by Carlsberg and Heineken. But today's announcement of a legal challenge to Carlsberg over alleged breaches of the shareholder agreement governing their 50/50 joint venture, Baltic Beverages Holding (BBH), suggests it will not be going down without a fight. Ben Cooper reports.
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