Foster’s Mystery Investor Revealed

Weeks ago Deutsche Bank announced it had purchased a 5% stake in Foster’s Group on the behalf of a mysterious company, which was revealed this week to be Molson Coors. The exchange was a “cash-settled total return swap.” Deutsche reportedly began stockpiling Foster's shares as long ago as May, only declaring its ownership of a 5.26% stake in Foster's on September 25. Apparently even Foster’s didn’t know Molson was the interested party. The company issued a statement to the Australian