It’s over – for the time being
In December 2005, Coopers’ shareholders voted overwhelmingly to remove Lion Nathan’s pre-emptive right to buy shares in the company, thus effectively barring Lion Nathan from its door. Nevertheless, Lion Nathan has announced since that it would extend its AUD 420 million (USD 317 million) hostile takeover offer for Coopers Brewery until 20 March 2006.
Select offer and read on
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