The takeover of Scottish & Newcastle by Carlsberg and Heineken moved a step closer today (31 March), with shareholders in the UK brewer voting "overwhelmingly" in favour of the bid.

At an extraordinary general meeting in Scotland today, shareholders voted 99.7% in favour of Carlsberg and Heineken's offer to buy the brewer for GBP8.00 per share, valuing S&N at GBP7.8bn (US$15.34bn). The decision requires further court approval, S&N said, with the final handover expected to take place on 28 April.

The decision will result in S&N's businesses in the UK and Ireland, Finland, Portugal, Belgium and India going to Heineken, with Carlsberg taking control of S&N's businesses in France, Greece, Russia, China and Vietnam.

"Though today may be an end, it is also a beginning; a new opportunity for our people across the globe - including many still based here in Scotland - to grow within a larger worldwide group," said S&N's chairman Sir Brian Stewart.

"The company may change, but Scottish & Newcastle lives on through its people."