Coca-Cola Taking Foster’s Fiji Business
Coca-Cola Amatil scored the right to buy Foster’s assets when it amended the terms of its Pacific Beverages joint venture with international brewer SABMiller, who acquired all of Foster’s last year.
Subject to approvals Coca-Cola says it will now proceed with buying the Figi breweries and distillery in Fiji and Samoa.
The company also remains in talks with SABMiller over the potential purchase of Foster's Australian non-alcoholic beverage business.
From the March 26, 2012, Prepared Foods’ Daily Update