ELDERS PURCHASE OF CANADIAN BREWER APPROVED
Elders IXL Ltd <ELXA.S> said the
Canadian government approved its bid for <Carling O'Keefe Ltd>.
    Elders earlier announced it was buying 10.9 mln shares, or
50.1 pct of Carling, from the Canadian subsidiary of Rothmans
International Plc <ROT.L> for 18 Canadian dlrs each.
    Elders chairman John Elliott said in a statement when the
offer for the ordinary shares closed on April 23, that
acceptances representing over 93 pct of outstanding shares had
been received. <IXL Holdings> would proceed to acquire the rest
compulsorily, he said.
 REUTER
