UK: Angostura makes formal bid for Burn Stewart

By just-drinks.com editorial team | 16 December 2002

After months of negotiation and speculation, Angostura Limited, part of the Caribbean C L Financial group, has made a formal cash offer to take over the Scotch whisky distiller, Burn Stewart.

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After months of negotiation and speculation, Angostura Limited, part of the Caribbean C L Financial group, has made a formal cash offer to take over the Scotch whisky distiller, Burn Stewart.