No appetite for roses Wolverhampton & Dudley Breweries and the consolidation of the UK beer market part 2
"I am the hunter," cried the wolf as he slid down the chimney. "I’ll huff, and I’ll puff and I’ll blow your house away." "Sorry, you seem to have forgotten something," replied the little pig as he lit a fire to scorch the wolf’s tail. Fortunately life has not caught up with fairy tales yet. Wolves is alive and kicking, having fought off two hostile takeover bids between August 2000 and August 2001.
In order to survive the occasional low periods in the City, bankers console each other with the advice: "If you can’t take a joke, don’t work in the stock market." This advice does not only apply to bankers. CEOs too should take it to heart. But churning them out was not enough.
Nevertheless, hostile takeovers are still something of an anomaly in the brewing industry.
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