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Heineken says no to takeover proposal from SABMiller

  • Heineken, the Dutch brewer, has rejected an offer of take-over from Britain’s SABMiller, reports say.

    Heineken said after consulting its “majority shareholder,” it decided to reject the proposal from the London brewing giant, calling it “non-actionable.”

    The founding Heineken family seeks to keep the company as an independent firm, it said. The Heineken family owns a little over half the firm.

    Heineken is the third largest beer-maker in the world, in terms of volume, after AB Inbev and SABMiller.

     

    Tagged as: Heineken, Dutch brewer, takeover offer, SABMiller, Heineken family, AB Inbev, beer, business news