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International brewers Molson Coors Brewing Co and Grupo Modelo SAB de CV are considering a joint bid for Foster's Group Ltd (ASX:FGL).
Bank of America and Deutsche Bank AG are assisting the beer companies regarding the financing for a possible bid.
The source of the information declined to be named. But the bid looks less likely than it did a few weeks ago according to Bloomberg who broke the news, because of concerns about the structure of the deal.
Foster’s booked a net profit of $313 million in the six months to 31 December 2010.
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.678M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $5.779K | 427.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 163767 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 136822 | 3 |
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| FGL (ASX) Chart |
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