Foster’s Wine Worth $3.6 Billion

As you know, Foster’s Group’s ceo Trevor O’Hoy departed earlier this week as the company admitted it paid entirely too much for its Beringer and Southcorp acquisitions. As a result, Foster’s issued a $700 million write-down and transferred $600 million in goodwill to its beer operations.In Foster’s investor and media briefing earlier this week, the … Continue reading "Foster’s Wine Worth $3.6 Billion"

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