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SABMiller Eyeing Foster’s?


With merger mania and big business dealings heating up lately — with Pabst, ABI’s British Brands & China investments — I almost forgot about Foster’s. But the Foster’s Group said Tuesday that it’s splitting up the divisions of the company and is looking for a buyer for the brewing portion. Business Week is now speculating that MolsonCoors is a likely candidate to buy Foster’s, given their desire to “become a top global beer producer.” MolsonCoors currently owns a 5% share of the Foster’s Group.

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