Coca-Cola Amatil (CCA) has completed the acquisition of Foster's Fiji Business for A$58m by buying a holding of around 89.6% in Foster's Group Pacific Limited (FGPL), and aims to launch Fiji Bitter and Bounty Rum brands in Australia by the end...
SABMiller announcement yesterday that it had agreed the terms of a recommended cash offer for Foster's with that firm's board of around A$9.9bn (€7.42bn) came as no surprise, according to one City analyst.
The Australian Takeovers Panel has rejected SABMiller’s claim that Foster’s published “misleading and deceptive” information in its financial results last week.
Scottish and Newcastle has taken over the Foster's lager brand in
Europe, Turkey and the Russian Federation, after years of producing
the amber nectar in these regions under licence for the Australian
Foster's Group.
SABMiller is in talks to buy Foster's overseas breweries in Asia,
BeverageDaily.com has learnt, as the potential sale offers
brewers a better foothold in one of the world's fastest growing
beer markets.
