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Tag "Foster’s"

SABMiller Wins Foster’s

    SABMiller Wins Foster’s

As expected, SABMiller’s sweetened bid for Foster’s has been recommended by the Australian brewer’s board. The agreed proposal represents an acquisition enterprise value of A$11.5 billion, which is a 2.8%

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Foster’s Board Rejects SABMiller’s Hostile Offer

The board of Foster’s intends to advise shareholders to reject SABMiller’s proposed offer of A$4.90 per share in cash. Indeed, the board has reiterates its belief that the offer, at

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SABMiller to Renew Foster’s Bid

    SABMiller to Renew Foster’s Bid

SABMiller is reported to be planning to renew its efforts to acquire Australian brewer Foster’s. Foster’s is due to report a major fall in brewing profits when it announces its

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Foster’s Turns Down Offer for Wine Business

    Foster’s Turns Down Offer for Wine Business

Foster’s, the Australian brewer and wine maker, is reported to have rejected a cash offer of up to A$2.7b (£1.6b) from an unidentified international private equity firm for its troubled, global wine

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SABMiller Interested in Foster’s

    SABMiller Interested in Foster’s

SABMiller, the world’s second biggest brewer, is reported to be considering launching a £7b bid for the beer business of Foster’s, the Australian brewer and wine producer. Carlton & United

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Foster’s Renames Global Wine Business

Australian brewer Foster’s has renamed its troubled, global wine business as Treasury Wine Estates in advance of a planned demerger next year. With 12,000 hectares of vineyards, 20 wineries and

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