Monday, September 15, 2014

Heineken rejects takeover offer from SABMiller

Heineken

Dutch brewing giant Heineken has rejected a takeover offer from London brewer SABMiller saying the proposal is "non-actionable". Heineken said it had "consulted with its majority shareholder" before rejecting the approach. It said the Heineken family, the founding family which still owns half of the firm, wanted to preserve the firm as "an independent company".
Heineken said it was confident it would continue to grow. "The Heineken family and Heineken N.V.'s management are confident that the company will continue to deliver growth and shareholder value," it added.
INC News, 15/09/2014

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