POST Online Media Lite Edition



 

Heineken: Not so fluid acquisition

Staff writer |
Heineken N.V. confirmed that SABMiller had approached the company regarding a potential acquisition. Heineken added that after consulting its majority shareholder, it has rejected the proposal and intends to remain independent.

Article continues below






In a statement, Heineken said, "The Heineken family has informed SABMiller, Heineken and Heineken Holding N.V. of its intention to preserve the heritage and identity of Heineken as an independent company. The Heineken family and Heineken N.V.'s management are confident that the Company will continue to deliver growth and shareholder value."

Heineken added that it does not plan to make any further public statements in relation the announcement.

Bloomberg reported that SABMiller made the offer in the last two weeks and the offer would have made the Heineken family one of the combined company's largest shareholders.

Speculation has been rife about Anheuser-Busch InBev, known as AB InBev, trying to acquire SABMiller. An acquisition of SABMiller will enable AB InBev to dominate beer sales across the world.


What to read next

Heineken in talks with Kirin to buy Brazil business
Heineken to acquire 1,900 pubs in UK from Punch
After PepsiCo and Coca-Cola, Heineken returns to Myanmar