Fosters Speculation on Wine Unit Sale Increases, Review Says
By Jacob Greber 2009-7-30 8:49:30
July 30 (Bloomberg) -- Speculation about a potential sale by Foster’s Group Ltd. of its wine unit has increased, the Australian Financial Review reported, without citing anyone.
Such a move would require a renegotiation of the A$2.5 billion ($2 billion) in debt the company carries, to create separate debt packages for the wine business and stand-alone beer division, the Review said in its Street Talk column.
From bloomberg.com