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Heineken NV (HEINY.PK)

HEINY.PK on OTC Markets Group

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Volume
21,665
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72,032
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$48.93
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Latest Key Developments (Source: Significant Developments)

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

Punch Taverns says Heineken deal to now close before end of August
Friday, 24 Mar 2017 11:24am EDT 

Punch Taverns Plc :Following constructive engagement between CMA, board now expects transaction to become effective before end of August 2017.  Full Article

Heineken prices $1.75 billion of U.S. dollar senior notes
Tuesday, 21 Mar 2017 03:01am EDT 

Heineken NV : Prices $1.75 billion of U.S. dollar senior notes . This comprises $1.1 billion of long 10 year notes with a coupon of 3.50 pct, and $650 million of 30 year notes with a coupon of 4.35 pct .Closing of offering is expected to occur on March 29.  Full Article

UK's CMA to look into Heineken, Punch Taverns deal
Thursday, 16 Feb 2017 02:30am EST 

UK's Competition and Markets Authority :Considering if Heineken, Punch Taverns merger will result in creation of a relevant merger situation.  Full Article

Heineken enters into agreement to acquire Brasil Kirin Holding
Monday, 13 Feb 2017 01:44am EST 

Heineken NV : Heineken N.V. enters into agreement to acquire Brasil Kirin Holding S.A. . Total consideration to be paid to Kirin for shares is 664 million euros ($705.96 million), corresponding to an estimated enterprise value of 1,025 million euros for Heineken . Upon completion of transaction Brasil Kirin will be consolidated with Heineken . On closing, Heineken will become second largest beer company in Brazil . This transaction is expected to be dilutive to Heineken's margin in 2017 . Heineken expects to deliver significant cost synergies from acquisition .Acquisition is subject to customary regulatory approvals and is expected in first half of 2017.  Full Article

Heineken confirms that it is currently in discussions with Kirin in Brazil
Friday, 20 Jan 2017 01:13am EST 

Heineken NV : Confirms that it is currently in discussions with Kirin Holdings Company, Limited regarding a potential transaction in respect of Brasil Kirin Holding S.A. .Discussions are ongoing and there can be no certainty that an agreement will be reached.  Full Article

Heineken to acquire Punch Taverns pub portfolio
Thursday, 15 Dec 2016 08:40am EST 

Heineken NV : To acquire Punch Taverns PLC pub portfolio . Heineken UK will pay an aggregate consideration of 305.0 million pounds ($380.3 million) for the shares in Punch A and assumed intercompany debts due from Punch A to Punch Taverns PLC. . Heineken UK intends to fully integrate these pubs into Star .Transaction is expected to be earnings enhancing in the first full year following the acquisition.  Full Article

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Photo

Heineken targets global leadership with new zero alcohol beer

(This May 13 story corrects to show in paragraph 2 launch in 14 markets, not 17)