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:

RUA - Successful rights offer is oversubscribed
Steel & Tube - Shareholder Newsletter - December 2025
SKC - Resignation of Chief Risk Officer
December 16th Morning Report
Comvita reaches agreement with lending partners
December 11th Morning Report
December 10th Morning Report
CDI APPOINTS JULIAN SMITH AS INDEPENDENT DIRECTOR
EROAD director Cameron Kinloch to step down in March 2026
RUA - Pro Rata Rights Offer