13 September 2006
Foster's completes sale of breweries in India and Vietnam
On 4 August 2006, Foster’s Group Limited announced the sale of its business in
Vietnam to Asia Pacific Breweries for US$105 million, and its business and the
Foster's brand in India to SABMiller plc for US$120 million, conditional only on FIRB
approval.
FIRB approval has been obtained and the sales were completed yesterday. An
additional amount of US$7 million was received for cash and working capital on
completion.
Further information:
Media
Troy Hey
Tel: +61 3 9633 2085
Mob: +61 409 709 126
Investors
Chris Knorr
Tel: +61 3 9633 2685
Mob: +61 417 033 623
