The UK-based wine and spirits group Allied Domecq said today that it would be seeking an opportunity to talk to Peter Lehmann Wines regarding the 14.5% stake Allied holds in the Australian winemaker.
Allied said these options may include making an offer to buy PLW outright. Any bid would be a competing offer to a bid lodged by the Swiss-based Hess Group, which was made last week.
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In a statement Allied said it had “noted that Hess Group proposes to make a conditional cash takeover bid for all of the shares in Peter Lehmann Wines Ltd that it does not already own.”
It continued: “The matters which Allied is seeking to discuss include the possibility of making a competing offer for Peter Lehmann Wines. However, at this time, Allied has not made any decision about making such an offer.”
Allied will make a further announcement in relation to its holding in Peter Lehmann Wines in due course.
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