FOSTER'S Group is yet to receive a single approach about buying either its wine or beer divisions, chief executive Ian Johnston says.
There has been speculation about the wine unit's future since Foster's began a wide-ranging review to address problems in 2008, while many see the beer unit as having appeal for international brewing companies seeking to expand in the Asia-Pacific region, The Australian Financial Review reports.
However, speaking on the ABC's Inside Business program yesterday, Mr Johnston said no parties had directly expressed an interest in either. "Nobody's approached us for either the wine or the beer business, to be honest," he said.
"But we do see movement on the shareholder registry, as people take substantial positions, and we can only speculate as to what's their motivation."
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