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Heineken confirms, rejects SABMiller takeover bid
The maker of HEINEKEN (HEIA.AM)and Amstel beers said it consulted with its majority shareholder and concluded that SABMILLER (SAB.LO)s proposal is "non-actionable".
"The Heineken family has informed SABMiller, Heineken and Heineken Holding of its intention to preserve the heritageand identity of Heineken as an independent company," it said in a statement. "The Heineken family and Heineken's management are confident that the company will continue to deliver growth and shareholder value."
(Reporting by Martinne Geller in London; Editing by Cynthia Osterman)