S&N shareholders except deal Shareholder's in UK-based brewer Scottish and Newcastle (S&N) this week agreed to the sale of the company to Carlsberg and Heineken for €10bn. The deal, which will see the group's international operations divided up between the two rival brewers was accepted by a strong majority vote, with the final handover expected on 28 April, S&N said. Company chairman Sir Brian Stewart told shareholders that the company should be proud of its achievements. "Let me remind you that S&N today is a top six global brewer - Scotland's largest industrial multinational - in the top half of the FTSE 100 - a market leader in the UK, France, Russia and India - a major exporter to the US; and the world's largest cider maker," he stated "It is precisely because we have achieved such strong positions worldwide that the company has been so attractive to others in a consolidating world market in brewing."