"Scottish & Newcastle has opened takeover talks with Heineken and Carlsberg but negotiations over the payment of a shareholder dividend and the UK brewer's calls for disclosure on Russian joint-venture BBH could still hold up a deal. S&N, which had previously rejected three separate takeover proposals from the consortium, said it was in discussions over a possible 800p-a-share offer, valuing the company at £7.8bn."
http://www.telegraph.co.uk/money/main.jhtml;?xml=/money/2008/01/18/cnsandn118.xml