UK/NETHERLANDS: Grolsch enters SABMiller fold
The UK company said today (21 February) that it now holds 99.46% of the shares in Grolsch, following the closure of the offer on 12 February. SABMiller took ownership of 0.89% of Grolsch's shares in the post acceptance period, which closed at the end of trading yesterday.
Grolsch will subsequently be delisted from the Euronext Amsterdam on 20 March, the two brewers confirmed. SABMiller will consolidate Grolsch into its accounts as from 12 February.
SABMiller's acquisition of Grolsch, announced in November last year, has cost the UK company EUR816m (US$1.20bn).
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