MILAN Nov 30 Italy's Gruppo Campari
said on Friday it had extended to Dec. 10 its bid to take over
the whole of Jamaican rum maker Lascelles de Mercado & Co
, a deal which will boost its presence in the growing
Campari, maker of the eponymous red aperitif, said in a
statement that 96.3 percent of Lascelles' ordinary shares had
In September Campari said it had agreed to buy an 81.4
percent stake in Lascelles from ailing Caribbean state-owned
conglomerate CL Financial. Its offer valued the target at $414.8
Campari also said at the time it was making a $4.32 per share
offer to remaining Lascelles minority shareholders in a bid
initially due to end on Nov. 30.
Campari said it intended to delist Lascelles from the
Jamaican Stock Exchange.
(Reporting by Antonella Ciancio; Editing by Lisa Jucca)