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25 August 2010

It ain’t over yet

| It must be high summer, when all rational discussion of important issues is cast aside for the perennial debate on “who is doing lunch or being lunch” which has driven mergers and acquisitions in the brewing industry around the world for the past 15 years. Following the break-up of Scottish & Newcastle and the take­over of Anheuser-Busch two years ago, several armchair pundits declared that the beer monopoly game was over. All said and done. Finished. No more. However, many tablecloth strategists would not accept this verdict. Indignantly, they pulled out their crystal balls, polished them off furiously and peered into them. Here is what they saw at the murky bottom.

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