Lion Nathan, C-C Amatil in merger talks-paper
SYDNEY, Nov 17 (Reuters) - Lion Nathan Ltd (LNN.AX), Australia's second-largest brewer, and soft drinks group Coca-Cola Amatil Ltd (CCL.AX) are in merger talks to create an A$11 billion ($7.09 billion) company, the Australian Financial Review reported on Monday.
Discussions have intensified in recent weeks with the involvement of both parent companies in the talks, the paper said without citing sources.
Lion Nathan is 46 percent owned by Japan's Kirin Brewery Co (2503.T) and Coca-Cola Amatil is 30 percent owned by U.S.-based The Coca-Cola Company (KO.N). ($1=1.551 Australian Dollar) (Reporting by Cecile Lefort)
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