SLOVENIA: Interbrew appeals against ruling
The Slovenian Office for Protection of Competition ruled last week that Lasko could keep the 48% stake it holds in Union. "We demand that the court annul the ruling," said Interbrew's legal counsel, Pavel Pensa. told Reuters.
The appeal has been filed at an administrative court in Ljubljana.
Last week, Interbrew said it was "surprised" by the ruling by the Slovenian Competition Protection Office regarding the ownership of the brewer, Pivovarna Union.
The competition authority had said: "There is no concentration (monopoly) as Pivovarna Lasko has not reached the threshold of shares that would represent a more than 50% stake in Pivovarna Union's capital."
In response to the ruling Interbrew, which owns a 41% stake in Pivovarna Union, said last week: "The decision fails to take into account the connections between Lasko and other Union shareholders, which own a further 8% of Union shares and are connected to Lasko. Also, the CPO decision provides that, should concentration be proven in the future, the then applicable remedies would allow Lasko to retain full ownership and control of over 90% of Slovenia’s brewing capacities and brewer-owned distribution and commercial assets."
The global roll-out of InBev's Brazilian beer, Brahma, adds a third premium brand to the global brewer's international portfolio but some observers have suggested it's an unnecessary step which threat...
SUN Interbrew is looking to relinquish its stake in Pivoindustriya Primorya....
Interbrew UK has poached two marketing managers from rival brewers....
Interbrew is to place a £1m support package behind its Czech brand Staropramen in the UK....
InBev has announced that the deadline for the receipt of acceptances for the recommended offers of US$33.41 for the remaining Class A (non-voting) shares in SUN Interbrew, along with Class A Securitie...
SUN Interbrew is looking to buy into a Siberian brewer, according to local press reports....
Interbrew UK has announced plans to launch a new speciality beer....
InBev has extended the deadline for the receipt of acceptances for the recommended offers of USD33.41 in cash for the remaining shares and Securities that it does not already own in SUN Interbrew (SIL...
- Comment - Heineken's 'No' Cuts SABMiller Options
- Irish whiskey eyes a slice of Scotch's global pie
- Scottish Independence and Scotch Whisky
- SABMiller spurned by Heineken: The start of the en
- Can the New World Learn a Lesson from the Old?
- Patron Spirits' Patron Citrónge Lime
- Heineken rejects SABMiller purchase proposal
- Wm Grant CMO to head Orangina Scweppes Int'l
- Diageo's Special Releases 2014
- Diageo ups Johnnie Walker Formula One presence