Interbrew report reaches DTI
The Office of Fair Trading’s report on Interbrew’s £2.3bn take-over of Bass Brewers has been passed to the Department of Trade and Industry. A decision is expected some time in August.
In July the OFT listed four remedies to a situation thrown into uproar when the original ruling by the former Secretary of State for Trade and Industry, Stephen Byers, that Interbrew must sell all of Bass Brewers was rejected by the High Court on the grounds that Interbrew had not been given a fair chance of stating its case.
According to speculation by the British media, the OFT favours the third remedy, by which Interbrew would keep the Bass business in Scotland and Northern Ireland and the Bass Ale brand, but sell the Carling lager brand to a third party..
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