Wine Business Monthly - The Leading Print Publication for Wineries and Growers
Sign In| New User?Register

Wine Business Stock News

Apr 2005 Issue of Wine Business Monthly
澳大利亚强国酒业和福斯特集团p continue to engage in a takeover struggle, which began after Foster's took an 18.8 percent stake in Southcorp in January. Despite sharp criticism from analysts regarding the move, Foster's seems intent on moving forward. In response to the hostile takeover bid, Southcorp told stockholders the company was worth 44 percent more than the offer, as determined by an independent evaluation, and then proposed the companies merge their wine businesses. Analysts believe that the merger proposal was used merely to get Foster's to increase their offer. Foster's agreed to evaluate the merger proposal, but was not enthusiastic about either the offer or the independent valuation of Southcorp. If Foster'...
» Article access restricted to registered members of winebusiness.com/winejobs.com

Don't Have an Account?

WBM is the leading publication for the Wine Industry.

• In-depth Product Reviews
• Industry Trends & Analysis
• Access to over 10 Years of Articles

Registration isFREEandEASY.

Already a Member?

Click the button below to sign in:

subscribe|archive|advertise| 800-895-9463

Copyright© 1994-2023 by Wine Communications Group. All Rights Reserved. Copyright protection extends to all written material, graphics, backgrounds and layouts. None of this material may be reproduced for any reason without written permission of the Publisher. Wine Business Insider, Wine Business Monthly, Grower & Cellar News and Wine Market News are all trademarks of Wine Communications Group and will be protected to the fullest extent of the law.