Heineken has seen the deadline for a competition inquiry into its proposed acquisition of Scottish & Newcastle assets extended by the European Commission.

Speaking to just-drinks today (4 March), a spokesperson for the Commission confirmed that the inquiry deadline, for Heineken's acquisition, which it is making in partnership with Carlsberg for GBP7.8bn (US$15.3bn), was set for 18 March, but has been extended until 4 April.

Carlsberg's part of the acquisition is the subject of a separate EU inquiry and has a deadline of 7 March.

As part of the deal, Heineken is set to take over S&N's business in the UK and parts of Europe as well as its operations in the US and India.

Last month, the Dutch brewer said that net profit in 2007 fell by 33.4% year-on-year, coming in at EUR807m (US$1.18bn). The plunge came despite a 7.3% lift in total sales, which hit EUR12.56bn in 2007.