ALLIED DOMECQ, the spirits company that makes Beefeater gin and Kahlua liqueuer, is ready to pursue its battle to acquire Montana Group, New Zealand's biggest winemaker.
Allied has filed a restrictive transfer notice with the New Zealand Stock Exchange, allowing it to make a renewed offer of NZ$893m (pounds 254.86m) to NZ$996m for Montana.
Allied is challenging the right of Lion Nathan, the Australian brewer, to lay claim to Montana. Lion appeared to have won control of the New Zealand-based group in February by raising its stake in the company to 51 per cent.
But Allied refused to accept defeat, accusing Lion of breaching Stock Exchange rules by buying Montana ...