FOSTER’S GROUP, HAVEN’T A CLUE
Australian drinks company Foster's Group said Friday it can't explain the recent rise in its share price following a query from the Australian Stock Exchange.
"The company is not aware of any information concerning it that explains the recent trading in the company's securities," Foster's said in a statement.
Foster's shares were up 4% Thursday and have risen more than 17% since late August, when takeover speculation first surfaced.
"The company is not aware of any information concerning it that explains the recent trading in the company's securities," Foster's said in a statement.
Foster's shares were up 4% Thursday and have risen more than 17% since late August, when takeover speculation first surfaced.
posted at 3:12 PM
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