Heineken sets sights on Swiss brewer
The Dutch brewery, Heineken, is in talks about a possible takeover of the beverage division of Switzerland's Feldschlösschen.
At a news conference in Amsterdam, Heineken's chief executive, Karel Vuursteen, declined to elaborate on the status of the talks. However, he did say that Heineken wasn't the only contender.
Hurlimann-Feldschlösschen says there is great interest both at home and abroad and expects a sale by the end of the year. Analysts say Swiss Eichhof Holding and Denmark's Carlsberg are interested.
Heineken is Europe's largest brewer.
Hurlimann- Feldschlösschen is selling its beverages division to better concentrate on its real estate business.
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