Speculation is mounting that Australia’s largest brewer could be the next takeover target as mass consolidation takes place in the global beverage sector. Foster’s has long been touted as a...

Reports are circulating in the European press that the world’s largest yoghurt maker Danone could make a play for Italian dairy firm Parmalat. Parmalat’s share price soared overnight as rumours...

Foster’s Group Limited yesterday announced that Jamie Odell, Managing Director Australia, Asia, Pacific, will leave the Company on Friday 14 November to pursue other interests. It has been suggested...

Molson Coors has been identified as the mystery stakeholder in Australia’s largest brewer, Foster’s, strengthening speculation of a takeover. Deutsche Bank bought a 5.26% stake in Foster’s...

Frucor, Groupe Danone’s Australian and New Zealand beverage business, has reportedly drawn the attention of a number of trade suitors as private equity firms drop out of the bidding. Danone has not...

Foster’s has reportedly hired an advisor to shield them from possible takeover predators. Speculation has been rife that Australia’s largest brewer would be subject to takeover bids as the...

Reports suggest that strong interest has been generated in both the potential sales of Cadbury’s Australian beverage division and Frucor – owned by Danone. Companies consistently linked to...

Groupe Danone, in response to speculation that a sale of their Australasian beverage group Frucor in on the horizon, has reported that a review of the company has been initiated. “Over the last six...

Cadbury has informed the Australian Competition and Consumer Commission (ACCC) that they are proposing to sell their beverage business in Australia. Rumours had been circulating for months that a sale...

Speculation continues to mount that Japanese-based Kirin Holdings will make a play for the drinks unit of Cadbury Schweppes in Australia. The Japanese beverage giant already has significant operations...