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Live News REGULATION ARTICLE M impact

Heineken Ordered to Pay €111 Million to Greek Rival

Heineken said a Dutch court awarded Macedonian Thrace Brewery €111 million in damages and interest in a case against its Greek subsidiary, Athenian Brewery. Heineken disagreed with the court’s reasoning.

HEIA

Heineken (EURONEXT:HEIA) said on Wednesday that a Dutch court had awarded Macedonian Thrace Brewery 111 million (€111 million) ($125 million) in damages and interest in a case brought against Heineken’s Greek subsidiary, Athenian Brewery. Heineken said it disagreed with the court’s reasoning.