Bass looks for a buyer willing to pick up the tab for brewing unit

Article Abstract:

Bass PLC said that it was seeking an interested party for the acquisition of its brewing division. The move would enable the company to focus on its pubs in the UK and on its worldwide hotel chains.

Strategy & planning, Planning

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Interbrew starts talks to acquire Bass brewing unit

Article Abstract:

Interbrew SA has begun negotiations for the acquisition of Bass PLC's brewing businesses. Interbrew wants to acquire the operations for 2.2 billion pounds (3.52 billion euros).

Asset sales & divestitures, Acquisitions & mergers, Belgium, Mergers, acquisitions and divestments, Interbrew S.A.

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Bass posts 19% rise in pretax profit, helped by results from hotel unit

Article Abstract:

Bass PLC posted an increase of 19% in its pretax profits for the year ending September 30, 2000. The company, helped by a 36% rise in hotel revenues, posted 756 million pounds in pretax profits for the period.

Sales, profits & dividends, Finance

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