Lion Nathan has identified other opportunities in the wine business, Mr. After the transaction, Allied will hold 70 percent of Montana, and Lion Nathan will make 127 million New Zealand dollars ($56.2 million) on the sale of its stake. Topping Allied's bid of 4.80 New Zealand dollars a share ($2.12) would have been too expensive, Gordon Cairns, Lion Nathan's chief, said yesterday. Lion Nathan will sell its 43 percent stake in Montana to Allied Domecq of Britain, which has been competing for control of the winery. AUSTRALIA NEW ZEALAND: WINERY PURSUIT DROPPED Australia's second-largest brewer, Lion Nathan, has abandoned a yearlong struggle to buy the Montana Group, one of New Zealand's largest wine companies.