BIG INTEREST IN FOSTER’S ASIAN BREWERIES

Rumors are flying around that Foster’s may possibly sell their Asian breweries for up to A$200 million to leave focusing room for the domestic market. Operations in India, Vietnam, China, Fiji and Samoa may soon be on the market, and Scottish & Newcastle or SABMiller are the most likely bidders. S&N already controls Foster’s brands in Europe and Russia, while SABMiller has control in the U.S.