Round-Up - SABMiller Makes First Move for Foster's Group

Round-Up - SABMiller Makes First Move for Foster

Two months ago, SABMiller saw Foster's Group turn down its bid of US$11.8bn for the Australian brewer. Today (17 August), the battle turned hostile. Here's just-drinks' coverage of the move, as well as its back-story.

Comment - Foster's Group Fails to Boost Morale

23 August 2011

Foster's Group has erected its takeover defences, but SABMiller still doesn't have to stretch too far to breach the walls.

AUS: SABMiller turns hostile in bid for Foster's Group

17 August 2011

SABMiller is set to go hostile in its bid for Foster's Group after announcing that it will launch a conditional offer for the brewer at the same price as its previous bid of AUD4.9 (US$5.1) per share.

Comment – Soft Drinks & Water – Coca-Cola Amatil and SABMiller: A Profitable Separation

30 June 2011

Ray Rowlands of independent research consultancy Drinksinfo Ltd considers the potential outcome for Australia's Coca-Cola Amatil should SABMiller eventually succeed in its bid for the Foster’s Group's beer business.

just On Call - SABMiller douses analyst scepticism on Foster's Group

21 June 2011

SABMiller's CEO has faced down scepticism from analysts over the brewer's bid for Foster's Group, telling them that a deal will boost profits from the first year of acquisition.

Comment - SABMiller and Foster's Group: Hmmm...

21 June 2011

I'm not going to be smug about today's news – I'm genuinely surprised by SABMiller's move for Foster's Group.

Video – SABMiller CEO on Foster's Group purchase proposal

21 June 2011

Click play, below, to view the thoughts of SABMiller's CEO, Graham Mackay, on the brewer's proposal to buy Foster' Group, which was rejected by the Australian company this morning.

AUS: Foster's Group rejects SABMiller bid

21 June 2011

Foster's Group has rejected a takeover bid from SABMiller valuing it at AUD11.2bn (US$11.8bn) including debt, marking the first public approach for the Australian beer group.

just The Facts - Foster's Group demerger timeline

16 June 2011

As takeover speculation on Foster's Group froths, just-drinks takes a look back at the bid talk and the key dates in the group's demerger voyage over the last 15 months.

Comment - Foster's Group Blows Hot and Cold

3 June 2011

Grupo Modelo is the surprise addition to a growing list of possible suitors for Foster's Group's Australian beer business. Who will it be next week?

GLOBAL: Brewing consolidation ongoing, despite barriers – SABMiller CEO

20 May 2011

The CEO of SABMiller has said he believes the global brewing industry is still consolidating, despite anti-trust and controlling shareholder hurdles in markets around the world.

GLOBAL: SABMiller may give Foster's cold shoulder - analyst

20 May 2011

SABMiller may have turned its back on a bid for Foster's Group's newly-demerged Australian beer business, with other potential bidders also melting away, according to analyst group Sanford Bernstein.

AUS: Foster's Group demerges business

10 May 2011

Foster's Group's core beer business and its wine arm, Treasury Wine Estates, have begun life as separate companies.

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Round-Up - SABMiller Makes First Move for Foster's Group

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