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AUSTRALIA: Comment - LN wine push sparks strong performance in wine stocks

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Lion Nathan's bid for the small Banksia Wines has triggered further speculation among other possible targets in Australia's small and medium-sized listed wineries. The surprise twist is that next move was made again by Lion Nathan itself with its bid for the premium producer Petaluma Wines. That announcement produced a minor stock frenzy in an otherwise flat market, deadened by reaction to the American events of the last few weeks.


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