Allied Domecq has launched a £60m bid for Aussie winemaker Peter Lehman Wines.

AD already owns 14.5% of Peter Lehman, which at the beginning of the month agreed to be bought by Swiss rival Hess. However, Hess’ bid was 14.3% lower than that of Allied.

Meanwhile, The Sunday Times reported that Diageo and Allied Domecq are each planning possible mergers with Bermuda-based Bacardi and Heineken respectively.