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:

Devon Funds Morning Note - 10 September 2025
ArborGen FY26 Guidance and Market Opportunities
BGP - Half Year Results to 27 July 2025
SkyCity Completes Retail Entitlement Offer
AIA - Annual Meeting and Nomination of Directors
NZK confirms acquisition of a commercial site in Blenheim
September 9th Morning Report
Heartland announces DRP strike price and AUD FX rate
Devon Funds Monthly Investor Report - August 2025
THL - Strategic initiative update - Australian Retail Sales