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Allied Domecq Announces Clearance by CNMV/Anti-Trust Authorities.


Business Editors

BRISTOL, United Kingdom--(BUSINESS WIRE)--Nov. 15, 2001

Allied Domecq Allied Domecq PLC was an international company, headquartered in Bristol, UK that operated spirits, wine, and quick service restaurant businesses. History
Allied Domecq was the result of a 1994 merger between Allied Lyons and Pedro Domecq.[1].
 PLC ("Allied Domecq"), the global spirits and wine group, today announced that the Spanish Capital Markets Regulator, the "Comision Nacional del Mercado For the hispanic surname "Mercado", please see de Mercado.

Mercado first originated in Spain. In English it means 'market'.

Is the last name of the 'Great' Fifa Soccer player Eswold.
 de Valores" ("CNMV CNMV Comisión Nacional del Mercado de Valores
CNMV Colegiul National Mihai Viteazul (Romania) 
") yesterday authorized the tender offer ("the Offer") launched by Allied Domecq Espana S.A. (a subsidiary of Allied Domecq PLC, "Allied Domecq") on September 7, 2001 for the entire issued share capital of Bodegas y Bebidas S.A. ("Bodegas y Bebidas").

The Spanish Antitrust Authority ("Servicio de Defensa de la Competencia") approved the Offer for Bodegas y Bebidas on October 10, 2001.

The Offer will be conditional, inter alia [Latin, Among other things.] A phrase used in Pleading to designate that a particular statute set out therein is only a part of the statute that is relevant to the facts of the lawsuit and not the entire statute. , on Allied Domecq's receiving acceptances in relation to at least 50.01% of Bodegas y Bebidas' issued share capital. Allied Domecq has received irrevocable Unable to cancel or recall; that which is unalterable or irreversible.


IRREVOCABLE. That which cannot be revoked.
     2. A will may at all times be revoked by the same person who made it, he having a disposing mind; but the moment the testator is
 undertakings to accept the Offer from shareholders holding 52.5% of Bodegas y Bebidas' share capital, including 0.63% held by the board of Bodegas y Bebidas. These irrevocable undertakings remain binding even in the event of a higher offer.

Allied Domecq will publish the formal announcement of the Offer (in accordance with article 18 of the Royal Decree 1197/1991 on Tender Offers) on November 16, 2001. The offer documentation ("Folleto") will be made available at the offices of the CNMV and of the Spanish Stock Exchanges.

The tender offer period will start on November 16, 2001. The Offer will remain open for one month and will close on December 17, 2001.

Upon conclusion of the Offer, Allied Domecq intends to de-list Bodegas y Bebidas from the Stock Exchange. Allied Domecq will apply for de-listing without a de-listing tender offer since it considers that the approved tender offer satisfies shareholders' interests, as evidenced by an independent valuation reviewed by the CNMV and incorporated into the Offer documentation.

Allied Domecq is the second largest spirits company in the world and a leading quick service restaurant operator. Allied Domecq's ordinary shares trade on The London Stock Exchange London Stock Exchange

London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses.
 under ALLD ALLD Automatic Line Leak Detectors
ALLD Airborne Laser Locator Designator
. Further information can be found at www.allieddomecqplc.com.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:4EUUK
Date:Nov 15, 2001
Words:337
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