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Finance / Australia

Lion Nathan CCA Takeover Off The Cards

February 2009 | M&A News Alert

Australian brewing giant Lion Nathan has dropped its ambitious AUD7.6bn (US$4.97bn) takeover bid for compatriot soft drinks market leader Coca-Cola Amatil (CCA). Termination of talks is thought to hinge on CCA shareholder and brand parent The Coca-Cola Company's (TCCC) concerns over further engagement with the alcoholic drinks

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