further industry consolidation on cards, page-3

one thing i think would be a good consolidation - burns phillip and fosters merging - alcohol products mixed with food goods - similar size the fosters cash pile would cancel out the Burns Phillips debt issue and create a $17B-$20B company by value and put off any potential bidders for fosters ?
http://www.grid.org/home.htm



you must have been drunk when you posted this Jolly-sb2000


why would FGL expose itself to an industry that is not only non core - but of which they would have no iead how to add value.

THE FGL - SRP tie up is the best for SRP holders, A takeover of FGL would see the best result of FGL holders and leave the SRP holders about $1 lee per share than with the existing offer on the table.

I suppose the next best result is a combined FGL / SRP.

( at least that way the number 1 global wine comany would be Australian. )

SRP share price reflects that the FGL takeover is the best result.

singas