You begin to see the end of hop war. The British giant SABMiller, which also controls the Peroni and Nastro Azzurro brands, will be able to buy Foster's for 9,9 billion dollars, just under the 10 billion offered in August in theHostile takeover. This was communicated by Finance Minister Wayne Swan, reiterating that "investments are compatible with Australia's national interest".
It was the last condition to be met before the shareholder vote scheduled for December XNUMXst. “If everything goes as planned – SABMiller communicated – we expect to complete the acquisition before the end of 2011".
However, Sydney has placed some conditions on the sale, to safeguard the national beer brand: SABMiller has accepted that the management of the operations remains in Australia and pledged not to relocate any Foster brewing facilities for the Australian market.
