|
MELBOURNE, Australia (AP) - Global beverages firm Foster's Group Ltd. on Monday extended by two weeks its 3.1 billion Australian dollar ($2.38 billion) takeover offer for rival winemaker Southcorp Ltd.
The offer will now close on April 28, Foster's said in a statement.
The company, which already holds about 19 percent of Southcorp shares, did not alter its original bid of 4.14 Australian dollars ($3.19) per share, saying it represented "an outstanding price for Southcorp shareholders."
|