UK: SA BREWERIES IN ACQUISITION RUMOUR
Article Abstract:
South African Breweries resisted the bad news of a competition inquiry into the industry with rumours that it may be set for an important acquisition. The SA group may be preparing to takeover the brewing operations of one of its rivals. SAB has no presence in the UK, one of Europe's largest beer markets. SAB could be interested in the operations of Bass or Whitbread who have both been rumoured as wanting to sell beer-making businesses. The South Africans could also target smaller regional players.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
UK: BOTTS COULD DROP WOLVERHAMPTON BID
Article Abstract:
It is understood that the UK private investment company, Botts, could withdraw its bid for UK brewer, Wolverhampton & Dudley. The speculation comes as Botts examines increasing its interests in the brewing sector following disclosures from Bass, Scottish & Newcastle and Whitbread all plan to dispose of some of their pub group. The news resulted in a further share price fall for Wolverhampton shares, which have lost GB[pound] 0.57.5 since 19 October 2000.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
UK: CONCERNS RAISED OVER BASS PURCHASE
Article Abstract:
A number of concerns surrounding the purchase of UK brewer, Bass, by Belgium's Interbrew have been raised by the UK Competition Commission. Beer industry groups in the UK have complained that Interbrew would have a dominant position in the areas of brewing and distribution following it purchase of Bass and Whitbread assets. The concerns centre on the effect the deals will have on choice of brands, wholesale and retail prices and entry barriers to the industry. A decision on remedies to the concerns raised is expected to be revealed 4 January 2001 by Stephen Byers, the Trade and Industry Secretary after he receives the Commission report on 6 December 2000.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: UK: CONNEX LOSES SOUTH CENTRAL RAIL FRANCHISE. UK: ONE-DAY TRAIN STRIKES AVERTED. UK: CONNEX TRAINS HIT BY OVERTIME REFUSAL
- Abstracts: UK: UNION CONCERN OVER GOVERNMENT'S FUEL DEAL. UK: MINIMUM DRIVING AGE MAY BE INCREASED. UK: SPEED LIMIT FOR RURAL AREAS CUT TO 20MPH
- Abstracts: UK: NORWICH UNION REVEALS NEW BUSINESS FIGURES. UK: BOOST FOR SUN LIFE POLICYHOLDERS. UK: BRITANNIC ANNUAL PREMIUMS RISE
- Abstracts: UK: CONTRASTING VIEWS ON BANKS' STRATEGIES. UK: ABBEY TO IMPOSE CASH MACHINE CHARGES. UK: NORTH-SOUTH DIVIDE NARROWS
- Abstracts: UK: MOBILE PHONE NETWORKS TO INVEST GB[pound] 12BN. UK: TELEWEST CUTS PRICE OF BLUEYONDER SERVICE. UK: WIRELESS AUCTION IS DEFERRED