Blog: S&N and SAB - Will they? Won't they?
Olly Wehring | 12 April 2007
The Scottish & Newcastle/SABMiller talk has been going on all week over here. Will SABMiller make a move for its smaller rival? Is S&N going to become the next notch on SAB’s bedpost?
Enough think the answer is ‘yes’, for S&N’s share price to start shouting at you from the page.
Some cynical journos – and no, that doesn’t include us, honest – think, however, that the rumours might be the work of those making hay while the share price shines.
One thing to bear in mind, whichever side of the fence you lie on this. The UK Takeover Panel, who keeps an eye on notable share price movements, can oblige a company to state their intentions if it believes there might be something to the rumours.
That panel, however, has been markedly silent.
So don’t go getting too excited, you S&N shareholders.
Whisk(e)y companies spend a lot of money and effort ageing their products for that premium taste....
PepsiCo created a stir last week with the news it is testing a product called Caleb's Kola, with some in the media claiming it was the beginning of a new “craft soda” category....
SABMiller's bid to widen the appeal of beer is very much in evidence at its latest 'House of Peroni' - with beer cocktails and a bigger bottle for the Italian lager brand on offer. ...
Here's a round-up of the big stories on just-drinks last week, featuring PepsiCo, SABMiller, the Scotch whisky category and the US wine market....
- Analysis - Remy's Cognac "dead-cat bounce"
- Comment - How Hand-Made is Tito's Handmade Vodka?
- Heineken to stay "active player" in beer M&A - CFO
- Focus - Pernod Ricard's Q1 sales by brand
- Time for Heineken to make a European break
- Moët Hennessy unveils first Travel Retail outlet
- United Spirits sees Q1 net loss
- Whisky downturn slows Diageo's Scotch spend
- Beam Suntory, Edrington part ways in Travel Retail
- Pernod Ricard sees sales lift in Q1