Deadline set for Allied bid

A US-based consortium was today given an ultimatum to bid for drinks giant Allied Domecq within the month or walk away.

Deadline set for Allied bid

A US-based consortium was today given an ultimatum to bid for drinks giant Allied Domecq within the month or walk away.

The June 29 deadline set for the consortium led by Constellation Brands came as Allied warned that the takeover tug-of-war was threatening its financial performance.

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