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Mixed reaction as Allied sale nears completionMixed reaction as Allied sale nears completion
15-Jul-2005
As reported on RavenFox.com, shareholders of UK drinks company Allied Domecq have agreed to a takeover offer from Pernod Ricard and Fortune Brands
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The approval of Canadian monopoly authorities is the only obstacle remaining in the way of the £7.6bn ($13.2bn) deal.
If the final approval is granted, the deal will take effect
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