Heineken gets watchdog approval to buy Beamish
DUBLIN (Reuters) - Dutch brewer Heineken (HEIN.AS) said on Friday Ireland's Competition Authority had given unconditional approval for its purchase of Scottish & Newcastle's Irish unit Beamish & Crawford.
Heineken's Irish subsidiary said the watchdog had conducted an in-depth review over the last six months.
"Heineken Ireland welcomes this decision and will immediately engage with Beamish & Crawford to integrate both companies," it said in a statement.
Heineken and Denmark's Carlsberg (CARLb.CO) agreed this year to buy Scottish & Newcastle (S&N) for 7.8 billion pounds to carve up Britain's biggest brewer, whose products included Foster's, Kronenbourg and Beamish stout.
Earlier this year the European Commission approved Heineken's purchase of S&N assets in Belgium, Finland, Portugal and Britain.
But it referred the question of the acquisition of the company's Irish assets to the local competition regulator.
(Reporting by Jonathan Saul; Editing by David Holmes)
© Thomson Reuters 2009 All rights reserved.
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