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Tag "Foster’s Group"

SABMiller’s Acquisirion of Foster’s Approved

    SABMiller’s Acquisirion of Foster’s Approved

The Australian competition authority has approved SABMiller’s acquisition of Foster’s Group, the Austrialian brewer, and the 50% of soft drinks business Pacific Beverages currently owned by Coca-Cola Amatil. SABMiller has

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Foster’s Rejects A$11.2b SABMiller Approach

    Foster’s Rejects A$11.2b SABMiller Approach

Foster’s Group, the largest brewer in Australia, has rejected an unsolicited A$11.2b (Eur8.3b) acquisition approach from SABMiller. The proposal to acquire Foster’s is in line with SABMiller’s strategy to create

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