Foster’s accepts improved SABMiller takeover bid
21 September, 2011
The board of Foster’s Group has recommended to its shareholders that an improved takeover offer by SABMiller is accepted.
Foster's rejects SABMiller takeover bid
21 June, 2011
Foster's has rejected a takeover bid from SABMiller. Foster's Group said that it received an "unsolicited, incomplete, non-binding and conditional proposal" from SABMiller to acquire all of the shares in Foster's via a scheme of arrangement at a price of $4.90 per share in cash.
Digital Edition
Comment
Ben Branson
Ben Branson: Why non-alcoholic pricing is right
The pricing structure of non-alcoholic spirits has a high level of elasticity - there’s already a broad spectrum of price points which consumers are trying to navigate.
