News 2008 Aug 26 / Comments

Foster s wine write-off leaves nasty taste

by Robert Fenner at Bloomberg

Foster’s Group Limited, Australia's biggest beer and winemaker, posted its first loss in 16 years after writing down the value of its global wine business by A$602.9m ($517m/€352m)).

Go to news: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aAVBzXcrLXWQ

 

 

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