UK trade authorities have given a consortium formed between
Carlsberg and Heineken a four-week window in which to outline a
"firm" intention to acquire brewer Scottish and Newcastle
(S&N) or cease any further action...
Carlsberg and Heineken will stand by a rejected joint-offer made
last month for British-based rival Scottish and Newcastle
(S&N), despite recent research suggesting that an improved bid
would likely be accepted by shareholders.