April 23, 2009
Lion Nathan has this morning requested a trading halt with both the Australian Stock Exchange (ASX) and the New Zealand Stock Exchange (NZX).
This follows a confidential approach by Kirin which was received by LNN after close of trading on Wednesday 22 April 2009. This confidential approach relates to an indicative, non-binding, conditional and confidential proposal for Kirin to acquire all of the outstanding shares in LNN not currently owned by Kirin. Kirin currently owns 46.13% of the ordinary shares in LNN.