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2.17% 4.7¢ frugl group limited

diageo on the horizon, page-2

  1. smokeyd
    207 Posts.
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    23/12/08
    13:03
    Post #: 4633015
    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
    FGL Price at posting: $4.47 Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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