Allied move

Friday 6th July 2001

UK liquor group Allied Domecq has asked the NZ Stock Exchange to rule on the way rival bidder Lion Nathan plans to sell down its stake in winemaker Montana Group.

Allied said it believed Lion was trying to get around an NZSE order to sell 19% of Montana as redress for trading breaches in the way it acquired Montana shares during a takeover battle with Allied.

Lion leaps ahead

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

January 22nd Morning Report
TGG - FY 2025 Earnings Guidance Update
Meridian Energy monthly operating report for December 2025
January 21st Morning Report
PEB - Q3 26 Results and Key Strategic Milestones
FBU - Fletcher Building announces sale of Fletcher Construction
A thank you from Stuff's owner and publisher
FPH Appoints New Director and Future Director
January 19th Morning Report
January 15th Morning Report