18 October, 2005

Australia: The South Australian Supreme Court hands out judgement on Coopers

The South Australian Supreme Court hands down a pivotal judgement on October 17 regarding Lion Nathan's hostile A$352 million takeover bid for Coopers Brewery, according to The New Zealand Herald .

The court has still to decide whether to overturn or uphold a decision that said Lion Nathan's pre-emptive rights could be removed by a vote of Coopers shareholders.

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