| Target: | MONTANA GROUP NZ LIMITED | SIC Codes: | 2084 5182 0 0 0 |
| Country: | New Zealand | Industrial Sectors: | Alcoholic Beverages |
| Activities: | WINE PRODUCTION AND DISTRIBUTION | ||
| Bidder: | ALLIED DOMECQ PLC | ||
| Country: | United Kingdom | SIC Codes: | 2085 2086 5182 5812 2084 |
| Activities: | SPIRITS/WINE MANUFACTURE & DISTRIBUTION & SNACK FOOD CHAINS | ||
| Date Announced: | 2001/02/07 | Date Completed: | 2001/08/30 |
| Deal Status: | Completed | Deal Type: | Public |
| Deal Attitude: | Wht.Knight | Cross Border: | Yes |
| % Capital Owned: | 0 | % Capital Bid For: | 100 |
| Competitive Status: | Challenger won | ||
| Regulatory Referral: | No referral | ||
| Consideration Type: | Cash | ||
| Deal Value (m) | Rate to STG 3.300 | Target Financials (m) | Rate to STG 3.300 | ||
| 1) NZD | 2) STG | 1) NZD | 2) STG | ||
| Ordinary Offer Value | 1030.371 | 312.234 | Sales | 301.2 | 91.273 |
| Other Equity Value | 0.000 | 0.000 | Depreciation/Amortisation | 11.7 | 3.545 |
| Total Equity Value | 1030.371 | 312.234 | Operating Profit | 73 | 22.121 |
| Net Debt | 290.792 | 88.119 | NPBT | 48.7 | 14.758 |
| Minorities | 0 | 0.000 | NPAT | 35.1 | 10.636 |
| Firm Value | 1321.163 | 400.352 | Net Income | 35.1 | 10.636 |
| Shareholders Funds | 285.638 | 86.557 | |||
| Price Ratios | Firm Value Ratios | ||||
| Price/Sales | 3.42 | Firm Value/Sales | 4.39 | ||
| Price/NPAT | 29.36 | Firm Value/EBITDA | 15.6 | ||
| Price/Book | 3.61 | Firm Value/EBIT | 18.1 | ||
| Accounts Source: | PWC APPRAISAL REPORT (PP 35 & 39) | Reliability: | Estimated |
| Deal Value Source: | MONTANA PRESS RELEASE (07/02/01) | Reliability: | Accurate |