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Australia approves $11 billion Foster's sale to SABMiller

Australia's government approved on Friday SABMiller's A$11.5 billion ($11.2 billion) deal to acquire Foster's Group Ltd under foreign acquisitions laws, but imposed conditions requiring the company to keep brewing operations in Australia.

 

SABMiller makes hostile $10 billion bid for Foster's

SABMiller makes hostile $10 billion bid for Foster's

Global brewer SABMiller took its $10.0 billion bid for Australia's Foster's hostile, going direct to shareholders, SABMiller said on Wednesday.

 

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