Baltika Breweries has signed a contract with Brasseries Internationales Holding for the purchase of Baku-Castel brewery. The deal will come into force after receiving approval from the anti-monopoly authorities of Azerbaijan.

By Martin Flanagan A RECOMMENDED offer for Scottish & Newcastle from the Carlsberg/ Heineken consortium before this Thursday's deadline may yet trigger rival bids from other brewing giants.

By Terry Murden IT WOULD be a mistake to underestimate the anger expressed by the board of Scottish & Newcastle over the move by Carlsberg and its new partner Heineken to break up the company. Even before an offer is formally tabled, this scrap has got dirty.

St Petersburg's Radio Baltika has suspended broadcasts of news reports produced by Radio Liberty on its UKV (Eastern-Band FM) frequency, Fontanka.ru reported on 9 August. The decision of the Radio Baltika management came as a surprise to its listeners.

By Joram Kanner Heineken, the Dutch brewer that sells beer in more than 170 countries, said that first-half profit fell 30 percent because of a fine from the European Union, and it lowered its sales forecast for Premium Light in the United States.