AUSTRALIA: Heavy Southcorp trading hots up takeover talk
Three days of heavy trading in the stock of Australian wine giant Southcorp has fuelled speculation that it is the target of a takeover bid. In recent months, Southcorp has increased its buyback and acquisition plans in what analysts see as a move to stop itself becoming a takeover target. This, added to the fact that major internationals such as Allied Domecq and Diageo are keen to expand their wine portfolios, has made Southcorp the centre of acquisition talk.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 15 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Comment - How to Target Cognac's Mok Generation?
- SABMiller & Meantime: Notes for the New Owner
- Analysis - Keurig Kold fails to impress
- Analysis - The Value of Prosecco
- The Beer Engine that is Africa
- Whyte & Mackay takes on Flor de Caña in UK
- Diageo takes Baileys, Gordon's marketing in-house
- Castel acquires stake in Belvedere
- Diageo adds to Entourage tie-up - video
- Carlsberg cuts 180 staff
- Global Tequila insights - market forecasts, product innovation and consumer trends research
- Global rum insights - market forecasts, product innovation and consumer trends research
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends research
- Africa: The Final Frontier for Beer
- Diageo plc (DGE) - Financial and Strategic SWOT Analysis Review