Beer Business Daily – beer industry news and numbers

FOSTER’S GROUP, HAVEN’T A CLUE

Australian drinks company Foster's Group said Friday it can't explain the recent rise in its share price following a query from the Australian Stock Exchange."The company is not aware of any information concerning it that explains the recent trading in the company's securities," Foster's said in a statement.Foster's shares were up 4% Thursday and have risen more than 17% since late August, when takeover speculation first surfaced.

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