17 November 2008

Lion Nathan in Talks With CC-Amatil About Merger

Lion Nathan Ltd. and Coca-Cola Amatil Ltd. have been in merger talks the past six months that might create an A$11 billion ($7.1 billion) beverages company covering everything from beer to water, juice and soft drink, the Australian Financial Review reported.

The talks also include Lion Nathan's majority stakeholder Kirin Holdings Co Ltd. and The Coca-Cola Company, the newspaper reported, citing people it didn't name. Macquarie Capital Advisers is working with Coca-Cola Amatil while Caliburn Partnership is advising Lion Nathan, the Review said.

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