Sep
9
2010
Cerberus Said to Be Mystery Firm in Foster’s Bid
Cerberus Capital Management is believed to be the firm that made an offer worth up to $2.5 billion for the wine business of Foster’s Group, The Australian newspaper reported. Foster’s, Australia’s largest brewer, rejected the surprise bid for the world’s second-largest wine business on Wednesday, but left the door open to better offers, Reuters said. [...]
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