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Heineken NV (HEIN.AS)

HEIN.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

UK's CMA consulting on proposed undertakings in Heineken, Punch Taverns deal
Tuesday, 11 Jul 2017 06:08am EDT 

July 11 (Reuters) - UK's Competition and Markets Authority::Consulting on proposed undertakings in lieu of a reference for the anticipated acquisition by Heineken UK Ltd of Punch Taverns Holdco Ltd.  Full Article

UK's CMA says undertakings offered by Heineken might be accepted in Heineken- Punch Taverns deal
Tuesday, 27 Jun 2017 04:30am EDT 

June 27 (Reuters) - Competition and Markets Authority :There are reasonable grounds for believing that the undertakings offered by Heineken might be accepted in Heineken, Punch Taverns deal.  Full Article

CMA decision to refer the proposed acquisition Heineken UK of Punch Securitisation a for a phase 2 investigation
Tuesday, 13 Jun 2017 03:00am EDT 

June 13 (Reuters) - HEINEKEN NV ::NOTES TODAY'S DECISION BY THE COMPETITION AND MARKETS AUTHORITY TO REFER THE PROPOSED ACQUISITION BY HEINEKEN UK LIMITED OF PUNCH SECURITISATION A FOR A PHASE 2 INVESTIGATION.UNLESS HEINEKEN OFFERS ACCEPTABLE UNDERTAKINGS TO ADDRESS POINTS RAISED BY THE CMA.INTENDS TO OFFER ACCEPTABLE UNDERTAKINGS AND IS CONFIDENT THAT THESE WILL ENABLE THE TRANSACTION TO BE APPROVED BY THE CMA WITHOUT A PHASE 2 REFERRAL.  Full Article

UK's CMA says Heineken/Punch must resolve concerns over pub merger
Tuesday, 13 Jun 2017 02:00am EDT 

June 13 (Reuters) - Heineken NV ::UK's CMA - has found that Heineken's proposed purchase of part of Punch Taverns estate could reduce competition in 33 local areas across GB.UK's CMA - Heineken must now offer proposals to address these concerns by 20 June or face an in-depth investigation into merger.UK's CMA - has looked in detail at areas where pubs operated by Heineken and punch currently compete.UK's CMA - has identified 33 local areas where their pubs would not face sufficient competition after merger, which could lead to price increases.UK's CMA - concerns were also raised with CMA that merger would close off an important route to market for brewers that compete with Heineken.UK's CMA - looked closely at whether acquisition by Heineken could lead to a reduction in choice of beer and cider on offer in punch pubs.UK's CMA - merger will be referred for an in-depth phase 2 investigation by CMA panel , unless Heineken is able to offer undertakings.UK's CMA - Heineken has until 20 June 2017 to do so.  Full Article

Heineken and Molson Coors sign import agreement for sol beer in the US
Tuesday, 6 Jun 2017 09:00am EDT 

June 6 (Reuters) - Molson Coors Brewing Co :Heineken and molson coors sign import agreement for sol beer in the us.Molson coors brewing co - financial terms are not disclosed.‍heineken & molson coors signed a 10-year import agreement​.Molson coors brewing co - co will import, market and distribute sol brand in united states through its us division, millercoors, beginning this fall.Molson coors brewing co - sol will continue to be brewed in mexico.  Full Article

Heineken completes acquisition of Brasil Kirin Holding S.A.
Thursday, 1 Jun 2017 02:00am EDT 

June 1 (Reuters) - HEINEKEN NV ::HEINEKEN N.V. COMPLETES ACQUISITION OF BRASIL KIRIN HOLDING S.A..ON 24 MAY 2017 HEINEKEN HAS RECEIVED REQUIRED REGULATORY APPROVAL FROM BRAZILIAN COMPETITION AUTHORITY (CADE) FOR ACQUISITION OF BRASIL KIRIN..AS SHARED IN RELEASE ON 13 FEBRUARY 2017 THIS TRANSACTION IS EXPECTED TO BE DILUTIVE TO HEINEKEN'S MARGIN IN 2017.  Full Article

Sligro Food Group and Heineken Netherlands move towards strategic partnership
Tuesday, 9 May 2017 01:44am EDT 

May 9 (Reuters) - SLIGRO FOOD GROUP NV ::SLIGRO FOOD GROUP AND HEINEKEN NETHERLANDS <<>> MOVE TOWARDS STRATEGIC PARTNERSHIP.SLIGRO FOOD GROUP AND HEINEKEN NETHERLANDS EXPECT TO REACH AGREEMENT ABOUT A STRATEGIC PARTNERSHIP FOR BEER AND CIDER LOGISTICS IN THE NETHERLANDS.SLIGRO FOOD GROUP AND HEINEKEN NETHERLANDS EXPECT TO REACH AGREEMENT ABOUT SALE OF OTHER PARTS OF THE HEINEKEN BEVERAGES WHOLESALER TO SLIGRO FOOD GROUP..PARTIES HAVE AGREED NOT TO MAKE ANY FURTHER STATEMENTS ABOUT THE PURCHASE PRICE AND THE VALUE OF THE CONTRACTS.SLIGRO WILL CARRY OUT HEINEKEN’S LOGISTICS OPERATIONS FOR THE DUTCH HOSPITALITY SECTOR.TRANSACTION WILL BOOST SLIGRO’S WHOLESALE SALES BY APPROXIMATELY EUR 150 MILLION ($163.9 MILLION).  Full Article

Heineken acquires remaining stake in Lagunitas Brewing Company
Thursday, 4 May 2017 11:45am EDT 

May 4 (Reuters) - Heineken NV ::Heineken acquires remaining stake in Lagunitas Brewing Company.Impact of this acquisition is excluded from 2017 FY margin guidance.In current year impact of acquiring lagunitas is expected to be slightly margin dilutive..Says impact of this acquisition, similar to proposed acquisitions in brazil and in UK, is excluded from FY 2017 margin guidance.  Full Article

United Breweries says co not aware of development on proposal between Heineken and banks/lenders
Wednesday, 3 May 2017 04:06am EDT 

May 3 (Reuters) - United Breweries Ltd :United Breweries clarifies on news item regarding Heineken's proposal to lenders to buy Mallya's pledged shares in united breweries.Says not aware of any development on proposal between Heineken and banks/lenders to buy-out Mallya's pledged shares.  Full Article

Heineken Q1 consolidated beer volume beats Reuters poll
Wednesday, 19 Apr 2017 02:01am EDT 

April 19 (Reuters) - Heineken Nv ::Q1 consolidated beer volume 44.0 mhl versus 43.4 in Reuters poll.In Africa, Middle East & Eastern Europe market conditions remain challenging, adversely impacting volume.In Americas, whilst Mexican volume was good this was more than offset by weaker volume in Brazil.Q1 consolidated beer volume Asia Pacific 6.2 mhl versus 5.8 mhl year ago.Full year expectations remain unchanged.Reported net profit in quarter was 293 million euros ($314.01 million)(2016: 265 million euros).Q1 consolidated beer volume europe 15.3 mhl versus 15.2 mhl year ago.In UK volume was down low single digit due to a partial de-listing by a large customer.Q1 consolidated beer volume Africa Middle East & Eastern Europe 9.0 mhl versus 9.0 mhl year ago.Heineken now confirms that it intends to leverage Kirin's existing route to market with heineken portfolio in future.Q1 consolidated beer volume in the Americas 13.5 mhl versus 13.5 mhl year ago.  Full Article