Foster’s: Other Private Equity Firms in Line

The Australian first reported that Cerberus Capital Management is believed to be the mystery private equity firm that made an unsuccessful play for Foster's wine business. But Foster's is still keeping mum. Cerberus is best known for its failed investment in Chrysler. It is one of the largest private equity investment firms in the US, based in New York and run by Steve Feinberg. But other private equity groups are reportedly in line...

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