Thursday, February 09, 2006

LIFE AFTER COOPERS: LION NATHAN PREPARES FOR A NEW ACQUISITION

If New Zealand spirits group Independent Distillers goes up for sale, Lion Nathan could be the leading contender against Foster’s and DB Breweries. After Independent Distillers's founder, Michael Erceg, died tragically in early November, Goldman Sachs JBWere estimated the company could make $1.1 billion given their impressive sales revenue in Australia.