Foster&#39;s sells ALH shares to Bruandwo
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Global beverages firm Foster&#39;s Group has sold its 10 per cent stake in pubs and bottleshops operator Australian Leisure and Hospitality Group Ltd (ALH) to Woolworths-led Bruandwo for $3.
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SYDNEY - Woolworths has sealed its position as the country&#39;s top liquor retailer with its joint A$1.33 billion ($1.42 billion) bid for pubs chain ALH, beating rival Coles Myer.
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MELBOURNE (Dow Jones)--Australian drinks company Foster&#39;s Group Ltd. (FGL.AU) said Tuesday that annual net profit rose 73% as gains from the sale of its local pub assets
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A consortium led by Royal Bank of Scotland  unveiled a bid for ABN AMRO  on Tueday valued at 38.40 euros per share, worth a total 71.1 billion euros ($95.6 billion).
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The big brewer and winemaker, Foster&#39;s Group, has announced a full-year result of $799 million which has been significantly boosted by the sale of its Australian Leisure and Hospitality business.
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Dutch bank ABN AMRO can go ahead with  its $21 billion sale of U.S. subsidiary LaSalle Bank to Bank of  America, the Dutch Supreme Court said on Friday, boosting the  chance that Barclays could succeed in its all-share bid to buy  ABN for 64 billion euros ($88 billion).
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Giant retailer Coles Myer has lifted its bid for pubs group Australian Leisure &amp; Hospitality (ALH) to Aust. $1.32 billion ($978 million) in an attempt to secure a knockout victory over arch-rival Woolworths.
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Share in healthcare conglomerate Australian Pharmaceutical Industries surged more than five per cent in early trade today after the company moved to boost its retail pharmacy operations by acquiring health, beauty and lifestyle retailer New Price Retail
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Alcan Inc., the world&#39;s biggest aluminum maker by sales, agreed to sell its Pechiney Electrometallurgie ferroalloy division to Spain&#39;s Ferroatlantica SL for more than 100 million euros ($136 million).
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FOSTER&#39;S board has withstood a blistering three-hour attack from shareholders appalled at their treatment over the ALH sell-off.
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LONDON Banco Santander Central Hispano, Spain&#39;s biggest bank, said Thursday that it was selling as much as Â£1.26 billion of shares in Royal Bank of Scotland Group, scaling back its 16-year partnership with the British bank as it seeks to buy Abbey
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Qantas confirmed Wednesday that British Airways plans to sell its 18.25 percent stake in Australia&#39;s flag-carrier over the next two days.
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Move sparks talk of a possible bid for Spain's flag carrier, Iberia LONDON British Airways said Wednesday that it would sell its stake in Qantas Airways and use the proceeds to strengthen its balance sheet for ...
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A wine glut in the US has hit profits at beer and wine company Foster&#39;s during the first half of 2004. The Australian company has been looking to expand its wine business but suffered as a surplus of US grapes forced many producers to cut prices.
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Business & money: Blow for RBS-led consortium as Dutch court rules ABN Amro acted lawfully when it agreed to sell LaSalle to Bank of America without shareholder approval.
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Canadian aluminum producing giant Alcan Inc. said Friday that it is in exclusive talks to sell the company&#39;s stake in Aluminium de Grece SA to metals company Mytilineos Holdings SA of Greece.
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Retailer Woolworths raised its bid Thursday for Australian Leisure &amp; Hospitality Group (ALH) by 15 percent to Aust. $1.11 billion ($795 million), topping an offer by private equity firm Newbridge Capital.