Lion Nathan says shareholder feedback on deal positive

Related Topics

MELBOURNE | Tue May 19, 2009 8:35pm EDT

MELBOURNE May 20 (Reuters) - Lion Nathan Ltd LNN.AX, Australia second-biggest brewer, said on Wednesday the shareholder feedback for Japanese brewer Kirin Holdings' (2503.T) A$12.22 a share takeover bid had been positive.

"To date the feedback has been fairly positive," Chief Executive Rob Murray told reporters on a teleconference.

"The view has been great price, great outcome, sorry to see Lion go as a listed entity but very comfortable with the outcome that has been reached," Murray said.

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.