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Archive Home > 2011 > September > 22 > SABMiller to buy Foster’s for $10.15B

SABMiller to buy Foster’s for $10.15B


September 22, 2011

SABMiller, the global brewer, reached an agreement to buy Australian brewer Foster’s for $10.15 billion Wednesday, ending a four-month hostile takeover battle. Under the terms of the deal, SABMiller will pay 5.10 Australian dollars ($5.22) a share, an increase from its previous bid of 4.90....

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