Foster's sale highlights wine consolidation trend
Foster's has taken a streamlined approach to 'brand Australia' on the world wine market, announcing two wineries will be sold off as the firm tries to realise cost-savings from its Southcorp buyout.
Archives for September 4, 2005
Weekly comment
Private equity hot on food
Cash, cash, cash. Castigated as simple asset-strippers out to make a quick buck, the entrance of private equity onto the food industry stage has participants chattering in the wings.
Heineken, Inbev face EU price-fixing charge
Several Dutch brewers, including Inbev and Heineken, could face tough fines after the European Union charged them with price-fixing on their home market.