Analysts have given a thumbs up to brewer Lion Nathan’s acquisition of the
small South Australian Banksia winery.
AUSTRALIA: Analysts approve LN Banksia acquisition
Analysts have given a thumbs up to brewer Lion Nathan's acquisition of the small South Australian Banksia winery. Although Banksia was a small, regional operation with likely neutral impact on the brewer's earning per share in the short term, analysts have approved projections expecting Banksia to grow at a compound rate of 20% a year for the next four years.