Foster’s bought by SABMiller
Foster’s shareholders voted on 1 Dec 2011, over 99% in favour, to end 100 years of Australian ownership when they approved the sale of the company the world’s second largest brewer, SABMiller. Brewing operation are to remain in Australia. SABMiller will also acquire the remaining 50 per cent of Pacific Beverages owned by Coca-Cola Amatil. All of Australia’s major breweries except Coopers are now foreign owned. [source]