1.   Arnault said his earlier proposal to merge the drinks businesses of all three companies also would increase LVMH earnings.

2.   Arnault has said he opposes the merger because he sees no point in merging the food operations of GrandMet with the drinks business of Guinness.

3.   Arnault voted against the GMG merger, proposing instead that the drinks business of LVMH, GrandMet and Guinness be combined and spun off.

4.   Arnault wanted to combine the drinks businesses of the three companies, which include Guinness stout and Johnnie Walker.

5.   Arnault also reiterated his commitment to the Moet Hennessy drinks business following speculation earlier this month LVMH was poised to sell it.

6.   Food and beverage producer Royal BolsWessanen NV said it will sell its Argentine drinks business to competitor Allied Domecq Plc of the U.K. for an undisclosed sum.

7.   His proposal to unite the drinks businesses of all three companies had been rebuffed by the U.K. companies.

8.   Instead he wants to merge the drinks businesses of the three companies, making the largest drinks company in the world.

9.   Instead, he wants to merge the drinks businesses of the three companies, making the largest drinks company in the world.

10.   LVMH Chief Executive Bernard Arnault wants instead to combine the drinks businesses of the three companies, which would make the biggest in the world.