S&N's succession plan
The earlier-than-expected departure of Tony Froggatt as CEO of brewing force S&N has set the City rumour-mill churning. The brewer insists the move is a planned succession but, Chris Brook-Carter writes, whatever the reasons behind Froggatt’s accelerated departure, new CEO John Dunsmore will have little time to settle into his new job before addressing shareholders’ concerns.
In the Spotlight: Froggatt and Dunsmore
1 October 2007
The earlier-than-expected departure of Tony Froggatt as CEO of brewing force S&N has set the City rumour-mill churning. The brewer insists the move is a planned succession but, Chris Brook-Carter writes, whatever the reasons behind Froggatt’s accelerated departure, new CEO John Dunsmore will have little time to settle into his new job before addressing shareholders’ concerns.
S&N mounts legal challenge in takeover defence
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.
UPDATE: UK: Scottish & Newcastle chief to stand down
27 September 2007
The departure of Scottish & Newcastle’s chief executive, announced today (27 September), was arrived at “by mutual consent”, the brewer has said.
UK: Scottish & Newcastle dons glad rags to deter Carlsberg talk - report
10 September 2007
The possible takeover of Scottish & Newcastle by Carlsberg hit the UK headlines again last weekend, with speculation suggesting the UK brewer will highlight its positive features to investors.
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