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Tag "demerger"

UK’s Largest Pub Group to Split

    UK’s Largest Pub Group to Split

Punch Taverns, the UK’s leading pub group operating over 6,700 leased and managed pubs nationwide, is to be divided into two separate companies. The decision follows a strategic review, initiated

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Foster’s Turns Down Offer for Wine Business

    Foster’s Turns Down Offer for Wine Business

Foster’s, the Australian brewer and wine maker, is reported to have rejected a cash offer of up to A$2.7b (£1.6b) from an unidentified international private equity firm for its troubled, global wine

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Foster’s Renames Global Wine Business

Australian brewer Foster’s has renamed its troubled, global wine business as Treasury Wine Estates in advance of a planned demerger next year. With 12,000 hectares of vineyards, 20 wineries and

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