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Scottish & Newcastle plc was a brewing company headquartered in Edinburgh, Scotland, which expanded from its home base to become an international business with beer volumes growing almost tenfold. The company was listed on the London Stock Exchange until it was acquired by Heineken and Carlsberg in 2008 and its assets split between them.
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock or security on a particular stock exchange. Ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) which provide a shorthand for investors to refer to, purchase, and research securities.
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The company eventually merged with Newcastle's Tyne Brewery in 1960 to form Scottish & Newcastle Ltd., a giant of the British brewing industry until its joint takeover by Carlsberg and Heineken group, in 2008. Heineken acquired the British business. The Abbey Brewery had closed in 1956 to be redeveloped as the Head Office of Scottish & Newcastle.
With the part acquisition of Scottish and Newcastle in 2007/2008, Heineken became the third-largest brewer based on revenues, behind the Belgian-Brazilian AB InBev and the British-South African SAB. Heineken owns the Czech brand Dačický, which was brewed in Kutná Hora from 1573 until Heineken took ownership of it and closed the brewery in 2009.
In 1997, the company floated on the Stock Exchange, to become Thistle Hotels plc, valued at £620m. In September 1998, it sold 30 provincial hotels to Grace Hotels (owned by the Lehman Brothers investment bank) for £62.7m, becoming managed by Peel Hotels. In July 1999, it sold the Charles Dickens Hotel in London to the Ryan Hotel Group for £20m.
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London Stock Exchange Group plc — is a stock exchange and financial information company headquartered in the City of London. It owns the London Stock Exchange, Refinitiv, FTSE Russell, and some similar companies. It was founded in 2007. In 2022 its revenue was £7.7 billion, with a net income of -£1.4 billion.