May 26/RWE Australian Business News -- Foster's Group Ltd. intends to pursue a structural separation to create separate stock exchange listings for its beer and wine divisions, subject to a detailed evaluation of the issues, costs and benefits to Foster's shareholders and ongoing assessment of prevailing economic and capital market conditions.
The decision to pursue a demerger follows significant progress with Foster's Transformation Agenda, announced with the release of the "Wine Strategy Review" in February 2009, including: