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Trouble in Paradise? Paper Says Consortium Hitting Hitches in S&L Deal

Trouble in Paradise: Consortium Having IssuesCarlsberg and Heineken are thought to have run into due diligence issues as they take a slide rule over Scottish & Newcastle's financial statements before making their formal bid of 800 pence per share (a bid which S&N is said to be fine with). And the clock is ticking, as the formal bid is due by midday tomorrow. The Financial Times says the consortium has found that some of its assumptions on how S&N reports

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