Just-drinks analysis: Lion Nathan seeks Chinese brewer to buy its unprofitable business, analysts say
Lion Nathan is looking at alternative remedies for its ailing Chinese operation.Chief executive officer Gordon Cairns revealed this week that he was considering proposals for an "expansion" of the company's A$282m China division.But sources close to the Sydney-based company have translated Cairn's confident announcement: rather than a positive step to boost its role in China, Lion Nathan is looking for local Chinese brewers to bail out its unprofitable division.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 14 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- SABMiller's troubles fuel M&A rumours
- Diageo's future brighter than present suggests
- Diageo's Q1 Results by Region
- Focus - Remy Cointreau's H1 Performance by Brand
- Three Questions for the Drinks Industry
- Moët Hennessy unveils first Travel Retail outlet
- Diageo puts Beckham centre stage in Haig Club ad
- Moet Hennessy sales falter in YTD
- Diageo Q1 sales dip "in line with expectations"
- Diageo to appeal Parrot Bay UK TV ad ban