Just-drinks analysis: Lion Nathan seeks Chinese brewer to buy its unprofitable business, analysts say

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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.

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