AUS: Lion Nathan may sponsor Oz soccer festival
Lion Nathan subsidiary International Entertainment Corporation was negotiating with all the teams, its managing director, Dominic Galati, said today.
The matches were planned for mid-year to assist Australia, assuming it wins its Oceania Group, prepare for final qualifying matches for the next World Cup.
Galati said that he expected plans to be finalised within the next three months.
Lion Nathan's director corporate affairs, Gabriel McDowell, said that the proposed sponsorship was part of a series of investments designed to help Lion Nathan become more of a leisure-based rather than a purely beer-producing company.
It was still to early to say what form Lion Nathan's sponsorship of the proposed soccer matches would take. IEC already has a seven-year agreement with Soccer Australia to promote and market the game in Australia.
Companies: Lion Nathan
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Lion Nathan has appointed a new non-executive director....
Coopers Brewery is fighting the takeover attempt from fellow Australian brewer Lion Nathan....
Lion Nathan today announced that it intends to make an off-market offer for Coopers Brewery Ltd (Coopers). The offer of A$260 per share in cash values Coopers at A$352m....
Lion Nathan has received further assurances that it is not about to be taken over....
Lion Nathan has played down speculation that it may be the subject of a takeover....
Lion Nathan has said it is on target to reach its full-year net profit after tax forecast for 2005 of between A$230m and A$235m before one-off charges....
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