E-Malt.com News article: Australia: Foster's says no plans to separate wine and beer businesses

Foster's Group Ltd, the world's second-largest wine company, said it had no plans to separate its wine and beer businesses, according to Reuters, October 31.

Chairman Frank Swan told shareholders at a meeting there were no plans to split its two key units.

He was responding to suggestions by some analysts and local media reports the operations may be separated.


02 November, 2007