Articles > Newspapers > International Newspapers, Local Markets A-Lh > AsiaPulse News news wires > August 2001

Article: LION NATHAN TO HOLD OFF ON AUSTRALIAN ACQUISITIONS: CHIEF EXEC.

Article from:
AsiaPulse News
Article date:
August 15, 2001
Copyright

SYDNEY, Aug 15 Asia Pulse - Lion Nathan Ltd (ASX:LNN) must resolve its extended battle for Montana Group before it considers acquisitions in Australia, chief executive Gordon Cairns said today.

The Australian based brewer today relented to a New Zealand Stock Exchange order and sold 19 per cent of its shares in the New Zealand winemaker Montana.

Lion Nathan offloaded the stake to 15 domestic and international institutions for $NZ4.65 per share, immediately upsetting rival, the UK based Allied Domecq.

Domecq, which has made a bid for Montana, raised concerns concerns the sale is in breach of the listing rules, after Montana shares soared in ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: PEPSI-COLA INTERNATIONAL AND LION NATHAN FORM ...
PR Newswire;  September 9, 1992 ;     700+ words ... ... brands in Australia and New Zealand. The agreement combines Lion Nathan's current Pepsi franchises ... owned operations in New Zealand. Lion Nathan is already the region ... Kevin Roberts of Lion Nathan, New Zealand, 011-64-9-303 ...

Article: Lion Nathan New Zealand has awarded ...
Beverage Industry;  December 1, 2007 ;     629 words ...Lion Nathan New Zealand has awarded Archer Daniels Midland with its Platinum Quality Award ... Lion Breweries presented the Platinum Quality Award at its annual Lion Nathan Supplier Dinner in June.

Article: LION NATHAN SUPPORTS NEW ZEALAND ...
AsiaPulse News;  February 14, 2001 ;     631 words ...WELLINGTON, Feb 14 Asia Pulse - Lion Nathan has emerged as the sole supporter for the New Zealand Stock Exchange's market surveillance ... would like to make a fundamental point," Lion Nathan chief executive Gordon Cairns said today ...

Article: Kirin takes control of NZ's Lion Nathan. (Kirin ...
Modern Brewery Age;  May 4, 1998 ;     700+ words ... ... 10 minutes last week to take effective control of New Zealand brewer Lion Nathan Ltd. Kirin announced early Monday it was bidding ... Kirin Brewery offered U.S. $3.00 (5.40 New Zealand dollars) a share in the market in its bid to buy ...

Article: LION NATHAN TO BID FOR NEW ZEALAND'S ...
AsiaPulse News;  July 2, 2001 ;     692 words ... ... Pulse - Australasian brewer Lion Nathan is making a full bid for New Zealand's largest winemaker ... committed to Montana and the New Zealand wine industry. Meanwhile ... buy up to 23 per cent of New Zealand winemaker Montana complied ...

Article: Lion Nathan loses its head in NZ.(Julian Davidson, ...
Australasian Business Intelligence;  March 7, 2005 ;     700+ words ... ... The brewing group, Lion Nathan, has been disappointed with its New Zealand (NZ) operation. Its ... was a poor performer for Lion Nathan during 2004. Its earning ... 5.5 in that period. Lion Nathan shares have fallen by ...

Article: Australasian brewer Lion Nathan has sold its 19% ...
Grocer;  August 18, 2001 ;     489 words ...Australasian brewer Lion Nathan has sold its 19% shareholding in New Zealand's Montana wines, as required by a Stock Exchange ruling. The sale reduces Lion's stake from 63% to 44%. It needs 51% to win Montana from Allied Domecq.

Article: NEW ZEALAND EXCHANGE SLAMMED FOR LION ...
AsiaPulse News;  February 13, 2001 ;     700+ words ... ... The decision of New Zealand Stock Exchange ... grant a waiver to Lion Nathan in its takeover ... said on Radio New Zealand. "The members ... market such as New Zealand's. He said ... While the Lion Nathan request caused ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives