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Foster

No image available
Article
/ 19 January 2012

SABMiller sales ride high on emerging market growth

Despite a drop in beer volumes in North America and Europe, SABMiller reported a rise, boosted by the growth in African and Latin American markets.

By David Jones
No image available
Article
/ 17 November 2011

SABMiller’s interim profits soar by 23%

SABMiller has reported its first-half net profits surged by almost one quarter thanks to the rapid growth in Asia, Africa and Latin America.

By Staff Reporter
No image available
Article
/ 22 September 2011

Foster’s CEO defends SABMiller takeover

Foster’s defended the decision to approve SABMiller’s takeover of the Australian brewer, putting it in foreign hands for the first time in 150 years.

By Martin Parry
No image available
Article
/ 21 September 2011

SABMiller to take over Foster’s for $10-billion

Australian beer giant Foster’s has accepted an improved takeover offer worth Aus$9.9-billion from British-based brewer SABMiller.

By Staff Reporter
No image available
Article
/ 18 August 2011

Foster’s rejects SABMiller bid, again

Foster’s rejected a $10-billion offer from rival SABMiller for the second time as it holds out for a better offer from the global brewing giant.

By Miranda Maxwell
No image available
Article
/ 17 August 2011

SABMiller launches new $10-billion bid for Foster’s

SABMiller went hostile with its $10-billion bid for Australia’s Foster’s Group, going direct to shareholders at a discount to Foster’s last trade.

By Staff Reporter
No image available
Article
/ 28 June 2011

Ratings say SABMiller-Foster’s deal will benefit both

Global ratings firm Moody’s believes that a successful SABMiller’s acquisition bid of Australian brewer Foster’s would benefit both companies.

By Staff Reporter
SABMiller thirsts for Bruce’s lager
Article
/ 24 June 2011

SABMiller thirsts for Bruce’s lager

Shares in the Foster’s group jump 14% with investors betting on an improved offer or a counterbid.

By Simon Bowers
No image available
Article
/ 23 June 2011

Drawn-out affair expected for SABMiller-Foster deal

In the absence of any other bidders, SABMiller’s bid for Foster’s is expected to take months to resolve, as it tries for a better deal from SABMiller.

By Sonali Paul
No image available
Article
/ 21 June 2011

SABMiller’s $10-billion bid for Foster’s rejected

Australian beer giant Foster’s has rejected an initial $10-billion takeover bid from SABMiller, which said it would still pursue the group.

By Staff Reporter

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