Fosters Group share price ASX FGL

Foster's Group Limited FGL


Shares Graph
Our commentary:

25 November 2011: The final regulatory hurdle has been cleared for SABMiller’s plan to acquire Foster’s Group. The Foreign Investment Review Board (FIRB) today approved the takeover with certain caveats SABMiller must fulfil, such as they continue to keep Fosters operations located in Australia and not relocate any of Fosters existing brewing facilities offshore. Fosters shareholders are due to vote on the sale to SABMiller on December 1.

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