CHINA: Bright Food denies Foster's wine interest - report
Chinese food and drink conglomerate Bright Food has denied interest in Foster's wine division, according to local a report.
Bright Food was flagged up as a possible buyer of Foster's wine assets after the Australian drinks firm said two weeks ago that it would demerge its wine and beer arms.
However, Bright Food's vice president was this week quoted in the China Securities Journal as saying that, while the company is interested in Australian wine assets, it is not looking at Foster's.
For more just-drinks' in-depth coverage of the Foster's demerger plan, click here.
M&A activity within the beer sector this year has been limited to just the one big transaction, in Mexico. Larry Nelson believes, however, that 2010 could have served as the calm before the storm, wit...
Foster's Group has said it intends to contest income tax assessments it has received from the Australian Commissioner of Taxation....
- Carlsberg's Q4 & full-year results - Preview
- Pernod Ricard 's first-half results - Preview
- Key trends for beer in 2016 - Focus
- Six key trends for alcoholic drinks in 2016
- The global beer category - The facts
- Asahi Group lines up Grolsch, Meantime, Peroni buy
- Diageo completes wine category exit in US
- Beam Suntory targets Kenya with Edrington/FIX
- SABMiller's Europe chief to join Britvic board
- Asahi Group to buy Grolsch, Peroni from SABMiller
- Global travel retail insights - market forecasts, product innovation and consumer trends
- What Next for Beer and Brewers Following the MegaBrew Deal?
- Global Beer Trends 2015 : Global Beer Trends and Long-term Forecasts
- Global Whiskey Market 2016-2020
- Global sparkling wine insights - market forecasts, product innovation and consumer trends research