P20f CJJFBX 2p4  Thy 210Oct  21:10/37
     
      AMERICAN BR—NDS      
   I   BAG INVERGORDON      
 
  American Brands has made its long-  
  awaited swoop on indjprndent Scotch 
  whisky producer Invjrgoudon.        
         p                          0 
  It has increased its stake in its   
  target to 54.7* from 41% and is now 
  offering 300p a share for the rest. 
                                      
  -hesj terms, tabled in the name of  
  Amrrican Brands' own Scotch whisky  
  subsrhiary, Whyti & Mackby, value   
  Invjrgordon as a whole at £382.4m.  
                                      
  $hj bid comer almost two years to a 
  day after Whzte narrowly failed to  
  secure control with a re6ised offer 
  worth 275p a share.                 
 
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