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Foster’s CEO defends SABMiller takeover
Foster’s defended the decision to approve SABMiller’s takeover of the Australian brewer, putting it in foreign hands for the first time in 150 years.
Foster’s defended the decision to approve SABMiller’s takeover of the Australian brewer, putting it in foreign hands for the first time in 150 years.
SABMiller went hostile with its $10-billion bid for Australia’s Foster’s Group, going direct to shareholders at a discount to Foster’s last trade.