"Foster's brewer Scottish & Newcastle put on 19½ to 807½p on rumours that rival brewer SABMiller was plotting an 850p-a-share counter-bid. However, after the market had closed, SABMiller said that it had "decided not to take further action". S&N has agreed to be bought by Carlsberg and Heineken for 800p per share. SABMiller shares closed 49p lower at £10.82."
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/21/cxmktrep121.xml
Thursday, February 21, 2008
SCTN
