Drink up
Article Abstract:
Alcoholic beverages industry is facing onslaught of private label products, which threaten to replace the existing brands on supermarket shelves. Consequently prices of alcoholic beverages have gone down considerably making viability of many of these companies a suspect. Solution liess in consolidation. If Foster's-Southcorp merge to form one of the largest wine groups, they can become the ones who dictate terms to the supermarkets and revive the industry. So far, however, Southcorp has rejected Foster's merger offers, which could eventually be detrimental to both.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2005
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Foster's big gamble
Article Abstract:
Foster Group's deal to purchase Southcorp is big deal, which if works out will make it the biggest wine company. The rationale for the bid involves issues, creating the world's leading premium wine business and Australia's leading multi beverage business. Foster Group company's chief executive officer, Trevor O' Hoy's opinion on the possible Southcorp deal is also presented.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2005
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Southcorp's magnum opus
Article Abstract:
Issues are presented concerning the benefits gained by wine company Southcorp following its 1.5-billion Australian dollar acquisition of Rosemount Estate. The management of Southcorp is discussed.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2001
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