Chinese Beer Drinkers Reject Heineken’s “Bitter Taste”

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In what should prove a cautionary tale for those hoping to ride the rise of China, Dutch beer giant Heineken International is in full retreat from its operations in the country, the world’s biggest beer market (the U.S., despite its Homer Simpson-esque reputation, is a distant second). (more…)

Heineken N.V. to propose changes to Supervisory Board

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Heineken N.V. announced today that it will propose to the Annual General Meeting of Shareholders (AGM), to be held on 19 April 2012, to appoint Mr Hans Wijers as member of its Supervisory Board for a four year term. (more…)

General Court annuls the €31.66 million fine imposed on Grolsch

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The General Court annuls the €31.66 million fine imposed on Koninklijke Grolsch NV, subsidiary of SABMiller, for its participation in a cartel on the Dutch beer market, the court said on Thursday. By decision of 18 April 2007, the Commission imposed fines totalling more than €273 million on the main Dutch brewers2, Heineken NV and its subsidiary – Heineken Nederland BV, Bavaria NV and Koninklijke Grolsch NV, for their participation in a cartel on the Dutch beer market from 27 February 1996 to 3 November 1999. (more…)