Macedonian Thrace Brewery: Amsterdam District Court Finds Heineken N.V. Joint and Severally Liable for the Market Abuses of its Greek Subsidiary [Yahoo! Finance]
HEINEKEN N V S/ADR (HEINY)
NASDAQ:AMEX Investor Relations:
theheinekencompany.com/investors
Company Research
Source: Yahoo! Finance
Dutch court will now decide on the extent of damages Heineken N.V. is liable for, with MTB seeking €160 million+ Ruling creates precedent in EU Competition Law, meaning Heineken may now also be liable for similar claims in other EU countries following a succession of fines from market regulators AMSTERDAM, October 24, 2024 BUSINESS WIRE )--The Amsterdam District Court has cleared the way for Macedonian Thrace Brewery (MTB) to press home its claim against Heineken N.V. for more than €160 million in damages resulting from the anti-competitive practices of its Greek subsidiary, Athenian Brewery ("AB"). MTB, whose claim was initially filed in 2017, has now swept aside all procedural attempts by Heineken to dodge liability for the actions of its Greek subsidiary. This latest ruling makes it clear that Heineken is part of the same undertaking as its subsidiary and as such is jointly and severally liable for Athenian Brewery's market abuses, as confirmed in the Greek authorities' 2015
Show less
Read more
Impact Snapshot
Event Time:
HEINY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HEINY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HEINY alerts
High impacting HEINEKEN N V S/ADR news events
Weekly update
A roundup of the hottest topics
HEINY
News
- Heineken Hides Message in Barry Can't Swim Show at Amsterdam Dance Event Calling for People to Put Away Their PhonesGlobeNewswire
- The World's Best Single Malt Scotch Whisky According To The IWSC [Forbes]Forbes
- Private companies account for 51% of Heineken N.V.'s (AMS:HEIA) ownership, while individual investors account for 27% [Yahoo! Finance]Yahoo! Finance
- Heineken® Crowns Malaysia's First-Ever Player 0.0 Champion [Yahoo! Finance]Yahoo! Finance