Treasury Wine Estates to retain Foster’s technology

Treasury Wine Estates to retain Foster’s technology

Treasury Wine Estates will continue to share technology and other infrastructure with Foster’s after its proposed takeover by SABMiller, chairman Max Ould told shareholders yesterday. Speaking at the company’s first annual general meeting since being demerged from Foster’s in May, Mr Ould said the two companies would still have some crossover by the time SABMiller took control of Foster’s in December, reports The Australian.

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