Allied Domecq denies merger rumors

Article Abstract:

Allied Domecq PLC denied rumors in the media that it was planning for a possible merger. The firm said it had not approached nor been approached by any interested merger parties. Allied Domecq said that it main priority was to sell off its pub business. Media rumors had Pernod-Ricard SA making a bid for Allied Domecq. Brown-Foreman Corp. has also been included in the reports.

Comment:

Denies rumors in media that it was planning for possible merger

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Allied Domecq retains focus on buying beverage makers

Article Abstract:

Allied Domecq PLC is planning to continue its small strategic acquisition strategy in the wine and spirits sector. The company could engage in additional acquisitions before the end of 2001.

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Allied Domecq drops its bid to buy Peter Lehmann Wines

Article Abstract:

Allied Domecq has given up its efforts to acquire Peter Lehmann Wines Ltd. in Australia. Allied Domecq conducted a lengthy effort in a bid to buy Peter Lehmann.

Australia, Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, Wine industry, Wineries, Company business planning, Peter Lehmann Wines Ltd.

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