SABMiller Buys Brewery Giant Foster’s for $10 Billion

After months of negotiations, Australia’s largest brewing company Foster’s Group Ltd., was sold to British brewer SABMiller Plc, for $10.2 billion.
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/125924215.jpg" alt="MELBOURNE, AUSTRALIA: Australia's largest and most iconic brewer, Foster's, last night sold to London-based South African brewing giant SABMiller in a deal worth $12 billion. Foster's Group brands include some of Australia's leading brews such as VB, Cascade, Crown Lager and Carlton Draught. (Mark Dadswell/Getty Images)" title="MELBOURNE, AUSTRALIA: Australia's largest and most iconic brewer, Foster's, last night sold to London-based South African brewing giant SABMiller in a deal worth $12 billion. Foster's Group brands include some of Australia's leading brews such as VB, Cascade, Crown Lager and Carlton Draught. (Mark Dadswell/Getty Images)" width="575" class="size-medium wp-image-1797356"/></a>
MELBOURNE, AUSTRALIA: Australia's largest and most iconic brewer, Foster's, last night sold to London-based South African brewing giant SABMiller in a deal worth $12 billion. Foster's Group brands include some of Australia's leading brews such as VB, Cascade, Crown Lager and Carlton Draught. (Mark Dadswell/Getty Images)
Caroline Dobson
Caroline Dobson
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