Carlsberg shake-up fuels S&N takeover bid rumour

Shares in Foster’s brewer Scottish & Newcastle soared today amid market speculation over bid interest from Danish rival Carlsberg.

Carlsberg shake-up fuels S&N takeover bid rumour
Fri, 27 Apr, 2007 - 15:04

Shares in Foster’s brewer Scottish & Newcastle soared today amid market speculation over bid interest from Danish rival Carlsberg.

The fever, which left shares 6% higher, was fuelled after Carlsberg announced a share shake-up which would give the firm more freedom to create funds for acquisitions.

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CourtsBusinessHeathrowPlace: RussiaPlace: UkrainePlace: KazakhstanPerson: Povl Krogsgaard-LarsenPerson: Graham NealePerson: Andy BlainOrganisation: CarlsbergOrganisation: S&NOrganisation: FosterOrganisation: DiageoOrganisation: SABMillerOrganisation: Carlsberg FoundationOrganisation: Danish governmentOrganisation: Killik & CoOrganisation: StrongbowOrganisation: John SmithOrganisation: Baltic Beverages HoldingOrganisation: BBHOrganisation: Shore Capital
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