FOSTER’S SELLING ASSETS LIKE HOT POTATOES

It seems like Foster’s has been a little vendor happy these days. In the past month, Foster’s has relinquished its European brands and Chinese assets to Scottish & Newcastle and Japan’s Suntory Ltd.et, and now they’re selling wineries. What gives?Apparently the international grape glut has a lot to do with it. "It was inevitable with the pressures in the industry right through from grape growing to retail that you've got to undertake cost-cutting to stay relevant, so I don't think