BUSINESS ABROAD: More for Santa Clore

BUSINESS ABROAD More for Santa Clore

From West End club to Soho pub, the most talked-about man in London last week was Charles Clore, a self-made Cockney millionaire who is Britain's boldest, fastest-rising corporate raider. Without a warning to management, Clore called in the press, bid $56.8 million to buy from individual stockholders the No. 2 British brewer, Watney Mann (five plants, 3,670 pubs, book value $73.6 million). His offer boomed all brewery stocks and sparked scathing anti-Clore attacks from the press and Laborites in Commons.

Competition for TV. On an island where beer...

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