Original article by Eli Greenblat
The Australian – Page: 17 : 8-Oct-14
The 143 stakeholders in family-owned Coopers Brewery recently voted to amend its constitution. It means that the valuations issued for the shares, which can only be traded among family members, will not be influenced by takeover offers from outside parties such as major rivals Lion or Carlton & United Breweries. Lion had launched an ultimately unsuccessful bid for the South Australian beer group in 2005 that was worth $A420m. The price per share at the time if disregarding the bid was $A190 compared with the $A310 offered, or $A260 based on the original approach
CORPORATES
COOPERS BREWERY LIMITED, CARLTON UNITED BREWERS, FOSTER’S GROUP LIMITED, SABMILLER PLC, LION PTY LTD, KIRIN HOLDINGS COMPANY LIMITED, KPMG AUSTRALIA PTY LTD