Scottish bind
6 October 2003
Email
Share
The sale exceeded expectations, creates a focused European brewer from a pubs conglomerate and underlines demand for UK pubs. But S&N already spent most of the proceeds. It will still be highly geared with a middling growth profile not too attractive for a bid.
This content is for Subscribers only
To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.