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0.00% 23.5¢ challenger wine trust

Matilda AbeyApril 23, 2009FOSTER'S has officially put its...

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    30/04/09
    07:46
    Post #: 5070892
    Matilda Abey

    April 23, 2009
    FOSTER'S has officially put its vineyard portfolio on to the market with an unknown price tag.

    The 31 properties cover about 5000ha, and are in Victoria, NSW and SA. The sale of these properties (and another five which are not included in this listing ) and the decision to retire 37 wine brands, came about as a result of an internal review of its wine operations.

    Landmark (part of AWB) is handling the sale and AWB spokesman Ian Desborough said he could not comment
    CWT Price at posting: 24.5¢ Sentiment: Hold Disclosure: Held
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