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Lion bids $380m for Little World

Shares in Little World Beverages have soared on the Australian Securities Exchange, after national beverages giant Lion launched a $380 million cash takeover bid for the Fremantle-based boutique brewer.

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I think it is a shame that yet another classic 'Australian' beer company and brand is might be sold off to international ownership. I appreciate Lion Nathan will continue to support the boutique beer brands within Little World but it does not change the fact it is no longer Australian owned. No doubt in the future the brewing of the beer will be taken off shore also....

There goes another Australian company. I now only support Australian brewers such as Broo and Coopers. Australian companies are on the decline and I don't want them all to disappear. Please join me in supporting the Australian brewing companies.

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