Australian beer and wine combine, Foster’s Group Ltd, has declared victory in its A$3.17bn takeover bid for the wine company, Southcorp Ltd, as it reached its target of acceptances for 90% of the shares in the group.
AUSTRALIA: Foster’s seals Southcorp bid
Australian beer and wine combine, Foster’s Group Ltd, has declared victory in its A$3.17bn takeover bid for the wine company, Southcorp Ltd, as it reached its target of acceptances for 90% of the shares in the group.