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Wetherspoon buries hatchet with Heineken after pricing row

Reuters - UK Focus

LONDON, Jan 5 (Reuters) - Britain's Wetherspoon has come to an agreement with Heineken (Other OTC: HEINY - news) to stock a range of its products after a pricing disagreement lead to the withdrawal of all the Dutch brewer's drinks from its 926 pubs.

The company said on Monday that its pubs in the UK will now serve a range of Heineken's products, including Fosters, Strongbow, and Amstel, reversing a decision made in December to delist Heineken's drinks after a row about pricing in Ireland (Other OTC: IRLD - news) .

Wetherspoon had been selling pints of Heineken lager and Murphy's stout at prices around 40 percent below the competition at its first Irish pub in Blackrock (NYSE: BLK - news) , Dublin, which led to the brewer refusing to supply its lager to the chain.

Heineken's business with Wetherspoon is estimated to be worth around 60 million pounds a year.

In Ireland, the company will serve Beamish, Fosters and Symonds Cider but will not serve Murphy's or Heineken. (Reporting by Li-mei Hoang, Editing by Paul Sandle)