The Australian distributorship for Australia’s most popular imported Japanese beer has been lost by Foster’s. The Japanese Asahi Group has appointed its own Australian subsidiary company Independent...

The Australian Federal Treasurer today approved SABMiller’s acquisition of Australian brewer Foster’s and the remaining 50% of Pacific Beverages, on recommendation from the Foreign Investment...

Coca-Cola Amatil’s Managing Director Terry Davis has indicated that the company is considering buying the spirits, ready-to-drink mixed spirits and non-alcoholic brands of Australian brewer Foster’s...

The Australian Competition and Consumer Commission yesterday announced that it will not oppose the acquisition of the iconic Australian Foster’s Group by SABMiller. According to ACCC chairman Rod Sims...

Multi-national brewer SABMiller has agreed with Foster’s Group Limited a recommended cash offer to Foster’s shareholders at A$5.10 per share, which values Foster’s equity at approximately...

Australian brewer Foster’s has urged its shareholders to reject a bid from takeover suitor SABMiller. The Foster’s Board believes the offer “significantly undervalues” the company...

Multinational brewer SABMiller has accused Australian brewing giant Foster’s Group Limited of making “misleading” and “deceptive” statements in its recently published end-of-year results. It...

London-based multinational brewer SABMiller has mounted a more aggressive approach in its attempt to take over the Australian-based Foster’s Group Limited. SABMiller has announced it is taking it is...

London-based SABMiller is expected to offer a renewed bid to acquire all shares in Foster’s Group Limited after the Australian brewer releases its full year results on 23 August 2011. In June, Foster’s...

SABMiller has confirmed that it has made a non-binding, conditional proposal to the Board of Directors of Foster’s Group Limited to acquire all of Foster’s shares for A$4.90 per fully paid...