Interbrew halts case over leaked documents
Saturday 27 July 2002
Interbrew, the Belgian brewer, announced last night that it would take no further legal action against The Independent and four other news organisations that have been refusing to return leaked documents.
The company, famous for its Stella Artois and Becks beer brands, said it was instead handing the matter over to the Financial Services Authority.
The bid documents at the heart of the battle were sent anonymously to journalists last year and detailed a possible bid by Interbrew for South African Breweries.
The brewer sought their return but the news groups claimed that handing them over would breach their duty to protect sources.
Interbrew, which claimed that the documents were "doctored" and that it was a "victim of manipulation", believes they were leaked deliberately to mislead the stock market into believing it was launching a possible bid for SAB.
A High Court judge and three Court of Appeal judges have ruled that the documents should be handed over.
In a statement issued in Brussels, Interbrew said that it had been "pleased" by the "constructive negotiations" the media organisations had been having with the FSA.
Representatives of The Guardian, the Financial Times, The Times and Reuters held a second meeting with the FSA yesterday.
Interbrew had earlier accepted that The Independent's information had been acquired in a different manner from that of the other organisations and indicated it would not be pursuing its action against the newspaper.
"In the current situation and expecting a positive outcome of the dialogue, Interbrew intends to take no further action to enforce its judgement against the five news organisations," the brewer's statement said.
Andrew Gowers, editor of the Financial Times, said: "I welcome the fact that Interbrew has seen sense enough to drop its futile and damaging case against the news organisations.
"I hope the FSA, with whose representatives we remain in contact to resolve this matter, will now also appreciate that important issues concerning the protection of journalistic sources and the functioning of a free press are at stake."
Caitlyn Jenner car crash: Driver who died in collision sued by surviving passengers for $18.5m
Celebrity Big Brother 2015: Tila Tequila kicked off show after 'describing Hitler as a good man'
Watch the Supermoon live: How to see the brightest Moon of the year tonight
Hulk Hogan wants to be Donald Trump's running mate in the US Presidential election
Blood Moon and Supermoon: September to bring brightest – and dimmest – full Moon of the year on same night
Climate change: 2015 will be the hottest year on record 'by a mile', experts say
'Women only' train carriages: Jeremy Corbyn unveils radical move to tackle public harassment
Black holes are a passage to another universe, says Stephen Hawking
Iain Duncan Smith 'should resign over disability benefit death figures', says Jeremy Corbyn
Stock up on canned food for stock market crash, warns former Gordon Brown adviser
Labour leadership: Jeremy Corbyn voters most likely to believe 'world is controlled by a secretive elite'
- 1 Caitlyn Jenner car crash: Driver who died in collision sued by surviving passengers for $18.5m
- 3 Watch the Supermoon live: How to see the brightest Moon of the year tonight
- 4 Hulk Hogan wants to be Donald Trump's running mate in the US Presidential election