Sharechat Logo

Allied move

Friday 6th July 2001

Text too small?
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

  General Finance Advertising    

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:

KMD Brands announces new Group Chief Financial Officer
Commerce Commission to issue SOI re Viridian application
FBU - Moody's affirms FBU Baa3/stable rating
Contact Energy FY25 Financial Results Presentation
NZX Chief Executive Mark Peterson to depart in April 2026
BRW - Expansion of Napier Production in Post-Cyclone Rebuild
July 24th Morning Report
Air New Zealand 2025 Annual Results Webcast Details
FPH provides Investor Event presentation
Tower to discontinue multi-policy discounts