Lion Nathan to sell Auckland brewery

Lion Nathan, Australia’s second-largest brewer, will sell a brewery in New Zealand after dropping its bid for drinks group Independent Liquor, the Australian Financial Review said on Friday.

The paper said that Lion had planned to move the brewery in Auckland to a site where Independent has a plant.

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2 thoughts on “Lion Nathan to sell Auckland brewery”

  1. Nah, it just means that the land it’s on is worth far more when utilised as something that isn’t a brewery. I guess it doesn’t mean they won’t, but I doubt it’s the driver.

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