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Foster finalises take-over of Southcorp

>> Sunday, July 03, 2005

The wine world has grown smaller again. Fosters has now finalised the deal worth AUS$ 3.17bn taking over Southcorp. Both were already Australian drinks giants. The deal means e.g. that Foster will now control famous wine “brands” such as Penfolds, Lindemans, and Rosemount.


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