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Heineken family rebuffs hostile bid by rival SABMiller

Heineken has rejected a takeover bid by British rival SABMiller after the family-controlled Dutch beer giant said it preferred to remain independent. The hostile bid was itself aimed at protecting SABMiller, the world’s second largest brewer, from a takeover by the world’s number one, Belgium’s AB InBev, analysts said. The Heineken family, the majority shareholder, […]