Round-up: Foster's reels in Southcorp

Foster's has Aussie firm Southcorp in the palm of its hand after increasing its stake in the wine company to more than 90 per cent, reports Chris Mercer.

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Round-up: Foster's captures Southcorp for 'brand Australia'

Foster's looks set to finally swallow fellow Aussie wine firm Southcorp after taking a 50.9 per cent voting majority. Elsewhere, the Constellation consortium appears to be struggling to get the cash for an offer for Allied Domecq and consolidation in...

Foster's secures Southcorp bid approval

Foster's look set to win its long battle to buy Australian winery Southcorp after grinding down board members' resistance to a deal that could spawn a formidable 'brand Australia' on the world wine market, reports Chris Mercer.

Pernod seals Allied Domecq bid deal

Allied Domecq has advised shareholders to accept a bid for the company by Pernod-Ricard worth £7.4 billion, as the latter prepares to shed brands to form the world's largest wine and spirits group, reports Chris Mercer.