From FT Alphaville
nothing fresh but this Fosters bid story continues to fizz away
NH:
stock was weaker overnight
NH:
but the rumour mill keeps spinning
NH:
they idea seems to be that Molson Coors is considering an offer
NH:
Now, Molson is smaller than Fosters so it would need a bidding partner
NH:
which presumably would be SABmiller
NH:
the two have a JV in the US
NH:
and they would also need to find a buyer for the wine business
NH:
so this could be a complex deal
NH:
but the right people are talking
diageo on the horizon, page-2
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