Trademagazin > News and articles > Market News > The Australian government approved the 11 billion beer industrial acquisition
The Australian government approved the 11 billion beer industrial acquisition
The Australian government approved the acquisition of Foster's Group Ltd.. The SABMiller buys the brewery for 11.5 billion Australian dollars. However, the government has set certain conditions, such as the Company should continue its activities in Australia.
This was the last regulatory factor, which had to be clarified before the meeting of Foster's shareholders. The meeting will be held on the 1st of December. It is expected that the acquisition will be approved, of which the 75 percent of the votes will be needed – reports tozsdeforum.hu.
Related news
More related news >
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >