The battle for S&N

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.

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: S&N and Carlsberg head for legal battle

1 November 2007

UK-based brewing group Scottish and Newcastle has officially initiated legal proceedings against Carlsberg over the latter's alleged breach of a shareholders' agreement regarding the two companies' 50/50 joint venture Baltic Beverages Holding (BBH).

UK: Scottish & Newcastle silent on solo bid for BBH

29 October 2007

Scottish & Newcastle has refused to rule out reports it is considering funding a solo bid for Carlsberg's stake in Baltic Beverages Holding, the Eastern European joint venture between the two brewers.

Browse more hot issues

Currently reading -

The battle for S&N

just-drinks tagline

Not a member? Join here