Foster's brewer set for takeover after deadline extended

Foster’s brewer Scottish & Newcastle was today given an extra 24 hours to agree a £7.8bn (€10.4bn) takeover by rivals Carlsberg and Heineken.

Foster's brewer set for takeover after deadline extended
Thu, 24 Jan, 2008 - 14:14

Foster’s brewer Scottish & Newcastle was today given an extra 24 hours to agree a £7.8bn (€10.4bn) takeover by rivals Carlsberg and Heineken.

The City’s Takeover Panel has extended its “put up or shut up” deadline until midday tomorrow to allow the European duo to finalise terms with Edinburgh-based S&N.

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