Blog: S&N – It’s not what you do, it’s what you don’t do?
Olly Wehring | 24 January 2008
Well, it seems we have another 24 hours to wait before learning of Scottish & Newcastle’s fate. And, it appears, S&N’s CEO can spend the next day mulling how he’s going to spend his prospective windfall.
A report in The Times here in the UK earlier this week has claimed that John Dunsmore is in line to receive in the region of GBP3m (US$5.9m), should Carlsberg and Heineken succeed in acquiring the UK brewer.
Depending on how this saga pans out, Dunsmore could be hailed as a hardball player of the highest degree. He didn’t blink at the three previous offers from the European brewers, refusing even to meet and discuss the matter with them.
Sure GBP3m is quite a lot of money for doing very little, in this instance. But perhaps the old adage that ‘less is more’ could finally be proved conclusive.
Tomorrow will tell.
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....
- Diageo's future brighter than present suggests
- Diageo's Q1 Results by Region
- Analysis - Remy's Cognac "dead-cat bounce"
- Focus - Remy Cointreau's H1 Performance by Brand
- SABMiller's troubles fuel M&A rumours
- Moët Hennessy unveils first Travel Retail outlet
- Diageo puts Beckham centre stage in Haig Club ad
- United Spirits sees Q1 net loss
- Diageo Q1 sales dip "in line with expectations"
- TWE unveils Penfolds range after CEO's "bold move"