News

UK: S&N claims 92.3% of Bulmer and closes offer

Most popular

Consumers need help in making healthier choices

Pernod is buying Malfy for the flavour - comment

just-drinks interview - Monkey 47

Can 'community commerce' solve DTC woes?

Wine in 2021 - just-drinks predicts

MORE
The UK brewer, Scottish & Newcastle (S&N), has closed its offer for the cider producer, HP Bulmer, saying that it now controls 92.3% of the company.

S&N said it had received valid acceptances for 88.1% of the issued ordinary share capital in Bulmers. The brewer said the offer had now closed and any acceptances received after 3.00pm London time on July 17 would be invalid and not be accepted.

S&N announced on April 29 that it had acquired 2,205,238 ordinary shares in Bulmer representing approximately 4.2% of the total, so the brewer now owns, or has received valid acceptances for, a total of 49,027,927 Bulmers ordinary shares, representing 92.3% of the total capital.


Sectors: Beer & cider

Companies: Scottish & Newcastle

Related Content

Heineken UK cuts sugar from cider brands, adds calorie info

Heineken UK cuts sugar from cider brands, adds calorie info...

"The craft beer buying spree created some confusion in the marketplace" - just-drinks speaks to Paul...

"There are things Monkey 47 can do and there are things Monkey 47 cannot do" - just-drinks speaks to...

"We really want to change the perception of Tequila with Altos" - Pierre-Aymeric du Cray, VP of Pern...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?