ASX:FGL

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ASX:FGL

Market Wrap: Aus shares rally

02 Dec 2011 - Aus shares rally. Foster’s Group Limited (ASX:FGL) ceased trading today. SAB Miller’s been approved to acquire the brewer in a $10.48 billion takeover.

Midday: ASX gains slightly

02 Dec 2011 - ASX gains slightly. Foster's Group Ltd (ASX:FGL) is likely to stop trading today.

Market Wrap: Aus shares up on central bank action

01 Dec 2011 - Aus shares up on central bank action. Foster's Group Ltd (ASX:FGL) shareholders have approved SABMiller’s takeover bid.

Midday: ASX soars 2.5% on debt deal

01 Dec 2011 - ASX soars 2.5% on debt deal. Foster's Group Ltd (ASX:FGL) shareholders overwhelmingly approve a $12 billion takeover bid from global brewer SABmiller.

Swan approves Fosters takeover

25 Nov 2011 - The Federal Treasurer approves the $11.5 billion acquisition of Foster's Group Ltd (ASX:FGL) by SABMiller.

Treasury wine sees red in China

21 Nov 2011 - Treasury Wine Estates Limited (ASX:TWE) is leaving the cheap plonk at home and is taking Australia’s best wines to China’s newly developed palate for expensive red.

Midday: Aus shares up 0.8% at midday

14 Nov 2011 - Aus shares up 0.8% at midday. Beach Energy Limited (ASX:BPT) is seeking to remove the remaining members of the Adelaide Energy (ASX:ADE) board now that it holds a 60.…

Midday: EU uncertainty weighs on market

25 Oct 2011 - EU uncertainty weighs on market. Foster's Group Ltd (ASX:FGL) forecasts beer sales will rise once there is more certainty surrounding global economic conditions.

Midday: Aus shares up

17 Oct 2011 - Aus shares up at noon. Woolworths Limited (ASX:WOW) has responded to media reports that it's planning a $500 million debt raising with confirmation it's considering a…

Market Wrap: Aus shares up for fifth day

11 Oct 2011 - Aus shares up for fifth day. Sundance Resources Limited (ASX:SDL) shares dropped 1.15% after it said its takeover bid is still on track.

Market Wrap: Aus shares end week higher

07 Oct 2011 - Aus shares end week higher. Shares in Qantas Airways Ltd (ASX:QAN) lift despite a turbulent week for Australia’s biggest airline.

Outlook: Aus shares look to lift

06 Oct 2011 - Aus shares look to lift. Coca-Cola Amatil Ltd (ASX:CCL) confirms its interest in acquiring Foster's Group Ltd (ASX:FGL) non-beer assets.

Market Wrap: Aus shares close higher

28 Sep 2011 - Aus shares close higher. Nufarm Limited (ASX:NUF) posted a net loss of $49.9 million for the 2011 financial year.

Market Wrap: Aus shares tumble

23 Sep 2011 - Aus shares tumble. Shares in BHP Billiton Limited (ASX:BHP) and Rio Tinto Limited (ASX:RIO) dropped to their lowest points in more than a year during the day.

Fosters beer variety to be slashed

23 Sep 2011 - The variety of beers Foster's Group Ltd (ASX:FGL) produces is likely to be slashed, and the Abbotsford brewing operations closely looked at, as SABMiller plans a comp…

Outlook: Stocks set to dive on recession fears

23 Sep 2011 - Stocks set to dive on recession fears. Wesfarmers Ltd (ASX:WES) owned Coles supermarkets chief Ian McLeod is Australia’s highest paid executive earning more than $15 …

Market Wrap: Aus shares close below 4000

22 Sep 2011 - Aus shares close below 4000. Approval for the takeover of Foster's Group Ltd (ASX:FGL) by SABMiller will be decided on the grounds of national interest.

Midday: Aus shares slump under 4000

22 Sep 2011 - Aus shares slump under 4000. Foster's Group Ltd (ASX:FGL) jumps to the S&P/ASX200's best performer after backing SABMiller's bid. Kagara Ltd (ASX:KZL) falls to the wo…

Outlook: Shares set to drop on Fed debt plan

22 Sep 2011 - Shares set to drop on Fed debt plan. Foster's Group Ltd (ASX:FGL) surrenders to its suitors hostile bid and accepts SABMiller's sweetened $12.3 billion takeover offer…

Outlook: Aus shares poised to claw back

13 Sep 2011 - Aus shares poised to claw back. OneSteel Limited's (ASX:OST) CEO says an urgent interest rate cut is essential to avert an economic slowdown.

Market Wrap: Aus shares flat

08 Sep 2011 - Aus shares flat. The Takeovers Panel deals a blow to global brewer SABMiller’s takeover strategy for Foster's Group Ltd (ASX:FGL).

SABMiller bid for Fosters dealt a blow

08 Sep 2011 - The Takeovers Panel rejects SABMiller's claims that Foster's Group Ltd (ASX:FGL) made misleading and deceptive statements in its annual result.

Midday: Aus shares drop sharply

06 Sep 2011 - Aus shares drop sharply. Foster's Group Ltd (ASX:FGL) lost market share in the packaged beer segment in the June quarter, according to data from market researcher Nei…

Fosters expected to defend claims

05 Sep 2011 - Foster's Group Limited (ASX:FGL) has been accused by SABMiller of making misleading and deceptive statements in presenting its annual profit.

Midday: Aus shares down at noon

02 Sep 2011 - Aus shares down at noon. Incitec Pivot Limited (ASX:IPL) is the fodder of media speculation today that it could demerge in a bid to stop its fertiliser arm weighing o…