Heineken CEO says family ownership makes it less vulnerable to takeover (translated) - Telegraaf.nl
Dutch beer brewer Heineken [AMS: HEIA] is less vulnerable to takeover bids because of its ownership structure, in which the Heineken family controls the holding company, CEO Jean-François van Boxmeer said in a longer interview with De Telegraaf.
The business has twice received hostile takeover bids from competitor SAB Miller [LON:SAB], the CEO said. The family decides whether it wants to sell the business and if so at what price, Van Boxmeer said in the item.