Anthony Roberts, general manager of Lion Nathan's wine group, flatly denies that a wine division sale is on his company's agenda.

FORBES: Quality vs Quantity

Kirin has already spent billions of dollars buying up foreign brewers, including Australia's Lion Nathan, in its global pursuit of drinkers.

FORBES: Beer And Bailouts

Fosters and Lion Nathan both make most of their profits from beer.

FORBES: Magazine Article

Last year, for example, 13% of Lion Nathan's total assets were in wine, but only 2% of earnings (before interest, tax and depreciation) came from wine.

FORBES: Magazine Article

Fosters has not only the famous (but not always pricey) Penfolds brand but also Lindemans and Little Penguin from Australia, and Lion Nathan markets labels like Cockatoo Ridge and Jindalee.

FORBES: Magazine Article

Hallett represent higher price points for Lion Nathan.

FORBES: Magazine Article

With Foster's main local rival Lion Nathan already Japanese-owned - Lion Nathan owns Tooheys, Castlemaine and Emu, to name but a few - it would mean that most of Australia's most famous beer brands would no longer be Australian owned.

BBC: The amber nectar

At Two Hands, Mintz doesn't blame the overall production push in Australia as much as he does the country's biggest wine companies, especially the two giant beer brewers, Fosters and Lion Nathan, which got into wine in an equally big way.

FORBES: Magazine Article