Foster’s Headed for an Uncertain Future

Most analysts are saying that Foster’s best bet at this point is to split its wine and beer business, although they generally acknowledge that the likelihood of a de-merger anytime soon is slim to none. There are several reasons why splitting the beer and wine operations would help Foster’s. One, the beer business is much more valuable to potential buyers. Two, it would allow management to focus more closely on the wine biz. And three, the resignation of Trevor O’Hoy,