Published: (24-02-2009)
Written by: Richard Ross
The Foster’s Group has decided to hold on to its troubled wine division, ending months of speculation that the company would move out of wine altogether, and acknowledging that the global economic downturn makes for an inappropriate time to sell major parts of its business.
The Group has now announced that it plans to ‘retain and reshape’ its wine arm, and fully separate its wine and beer businesses as part of ‘significant organisational and..
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