Carlsberg has sold a brewery in Dresden to Frankfurter Brauhaus in order to focus on key brands in the region. The Danish brewer has also just increased its investment in the Chinese firm Chongqing Brewery.
Eastern Europe’s potential as an antidote to declining beer demand in more mature markets has taken another blow as Carlsberg reportedly prepares to step up its focus on the emerging markets of Asia to offset concerns about regional sales.
The acquisition of Scottish & Newcastle (S&N) by rivals
Heineken and Carlsberg is expected during the second fiscal quarter
2008, it has been revealed, as all three parties this week
announced organic profit gains over the...
Scottish & Newcastle has today begun talks with Heineken and
Carlsberg over a potential 800 pence per share sale, though an
imminent deadline and possible interest from competition
authorities could yet endanger the deal.
The board of brewer Scottish & Newcastle has today rejected yet
another attempt by Carlsberg and Heineken to jointly acquire its
operations with an improved 780 pence per share bid, though it may
yet be forced to sell.
As the deadline ticks down for brewer Carlsberg to acquire joint
venture partner Scottish & Newcastle, both companies are going
for the jugular in a battle that may significantly shake up the
status quo of European brewers.
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.