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Article: Lion Nathan drops current offer to own all of Montana Group.

Article from:
Australasian Business Intelligence
Article date:
July 27, 2001
Copyright

Jul 26, 2001 (Asian Wall Street Journal

ABIX via COMTEX) -- Montana Group (NZ) has been the subject of a battle for control in the middle of 2001. The New Zealand wine company had takeover offers from both Allied Domecq in the UK and Lion Nathan in Australasia. Allied Domecq, a liquor company, has a 27% shareholding in the New Zealand company at 25 July 2001. Lion Nathan will have a 43.8% shareholding once it implements a resolution over a dispute about its stake. Lion Nathan stated in the week commencing 23 July 2001 that it will not continue with a takeover offer, which was through its Lion Nathan Enterprises vehicle.

MONTANA GROUP (NZ) LIMITED - ASX MTA: LION NATHAN ... 







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