TAKEOVER WOULD MAKE S AND N BOSSES £16M
The top directors at Scottish & Newcastle could collect up to £16m if Heineken and Carlsberg succeed in taking over the historic brewer.
While S&N has gone on the defensive following the unsolicited approach, some analysts believe it is posturing to win the best price for shareholders.
There was speculation Carlsberg and Heineken could pay up to 823p a share for the brewer of John Smith's and Kronenbourg although sources suggested this was too frothy.
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