Fosters demerger
Fosters demerger of its beer and its struggling wine division will be finalised in the first half of 2011. Its struggling wine division will be listed as a new entity called “Treasury Wine Estates”. Japan’s Asahi Breweries, Belgium’s AB InBev, USA’s SABMiller and Coca-Cola Amatil are all rumoured to be interested in buying Fosters beer division after the demerger. [source]