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Heineken NV (HEIN.AS)

HEIN.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Heineken signs joint venture agreement with Asia Brewery, Inc.
Friday, 27 May 2016 03:38am EDT 

Heineken NV : Signs a joint venture agreement with Asia Brewery Incorporated (Asia Brewery, Inc.), a large beverage producer in the Philippines owned by LT Group, Inc. . Transaction is subject to customary closing conditions and operations are expected to commence in fourth quarter of 2016 .Financial terms are not disclosed.  Full Article

Heineken comments on FY 2016 guidance
Wednesday, 10 Feb 2016 01:00am EST 

Heineken NV:Expect further volatility in emerging markets and deflationary pressures in 2016.‍Hans Wijers (chairman) and Mary Minnick will resign by rotation from supervisory board at AGM on April 21.  Full Article

Heineken successfully prices EUR 460 mln of notes
Tuesday, 1 Dec 2015 11:40am EST 

Heineken NV:Successfully placed 9-year notes with a coupon of 1.5 pct for a principal amount of 460 million euros.Amount was increased from initial announcement of 400 million euros, bringing total debt maturing in 2024 close to 1 billion euros.Notes will be issued under company's euro medium term note programme and will be listed on Luxembourg Stock Exchange.The proceeds from the note issuance will be used for general corporate purposes.  Full Article

Heineken completes restructuring of South African and Namibian operations
Tuesday, 1 Dec 2015 02:00am EST 

Heineken NV:Completes restructuring of South African and Namibian operations.Says Heineken, Diageo plc and Ohlthaver & List completed restructuring of their joint operations in South Africa and Namibia.In South Africa, Heineken now holds a 75 percent stake in DHN Drinks (Pty) Limited ('DHN') and a 75 percent stake in Sedibeng (Pty) Limited.In Namibia, Heineken now indirectly holds a 29.9 percent stake in NBL.Says to have paid a total net cash consideration of about ZAR 2.0 billion (about 138 million euros) to Diageo for equity and debt positions it acquired in Sedibeng, DHN and NBL.  Full Article

Heineken updates FY 2015 guidance
Wednesday, 28 Oct 2015 03:00am EDT 

Heineken NV:2015 FY operating margin expansion guidance unchanged.Reaffirms margin expansion guidance and most items as stated in half year 2015 earnings release dated Aug. 3, 2015.Revised FY guidance on foreign currency, tax and interest rate.Assuming spot rates as of Oct 23, 2015 calculated positive translational impact on consolidated operating profit (beia) would be about 75 million euros, and 50 million euros at net profit (beia).Revised FY guidance on foreign currency, tax and interest rate.Heineken now expects effective tax rate (beia) for 2015 to be around 28 pct (2014: 29.7 pct).Heineken now forecasts an average interest rate of c. 3.2 pct in 2015 (2014: 3.7 pct).  Full Article

Heineken completes acquisition of a 50 per cent stake in Lagunitas
Thursday, 15 Oct 2015 10:31am EDT 

Heineken NV:Completes acquisition of a 50 per cent stake in U.S. craft brewer Lagunitas.  Full Article

Heineken completes acquisition of Pivovarna Lasko
Thursday, 15 Oct 2015 06:22am EDT 

Heineken NV:Completes acquisition of a majority stake in Slovenian brewer Pivovarna Laško d.d.  Full Article

Heineken realigns ownership interests in Jamaica, Malaysia, Singapore and Ghana
Wednesday, 7 Oct 2015 02:00am EDT 

Heineken NV:Heineken realigns ownership interests in Jamaica, Malaysia, Singapore and Ghana.Taken control of Desnoes & Geddes (D&G) by acquiring Diageo PLC's 57.9 pct shareholding in this company.Heineken will in due course make a mandatory offer for all shares of D&G not already owned by Heineken.Offer represents 26.7 pct of issued share capital of D&G, and implies a maximum total consideration of c. $194 million.Now has full ownership of GAPL Pte Ltd (GAPL), having acquired Diageo's shareholding, which was slightly lower than 50 pct.Sold its 20 pct ownership stake in Guinness Ghana Breweries Limited (GGBL) to Diageo.Heineken and Diageo have entered into licensing agreements for each other's brands currently in respective portfolios in Jamaica and Ghana.Following today's acquisition of Diageo's share of business Heineken has increased its stake in D&G to 73.3 pct.Total net cash consideration payable by Heineken to Diageo for transaction is $780.5 million.Signs to get license to use Red Stripe and Dragon in US, UK, Canada, previously held by Diageo.Affiliates of Heineken will become new license holder for Red Stripe and Dragon in these countries from Jan 1, 2016.  Full Article

Heineken and CFAO announce the formation of joint venture "Brassivoire" in Ivory Coast
Friday, 25 Sep 2015 02:00am EDT 

Heineken NV:Heineken and CFAO announce the formation of their new joint venture "Brassivoire" in Ivory Coast and lay the foundation stone for their brewery.This new entity is owned 51 pct by Heineken and 49 pct by CFAO.Two partners will invest 100 billion CFA Francs, or around 150 million euros.Brewery will have a capacity of 1.6 million hectolitres per year.First bottle of beer is expected to come off production line at beginning of 2017.  Full Article

Heineken selects Altarea Cogedim programme
Tuesday, 15 Sep 2015 08:00pm EDT 

Altarea SCA:Announced that HEINEKEN Entreprise has selected Altarea Cogedim programme for redesign of south gate of city of Schiltigheim.  Full Article

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AB InBev, SABMiller deal wins U.S. approval, adds craft beer protections

NEW YORK Brewers Anheuser-Busch InBev and SABMiller received U.S. antitrust approval for their $107 billion merger on Wednesday, bringing the largest-ever consumer products deal a big step closer to completion.