Foster’s Suitors Have yet to come a’Calling

Dear Client:A WSJ article reiterates what analysts have been saying about Foster's for almost two years: sell, sell, sell. The idea is to demerge Foster's beer and wine units, which would make the beer unit more attractive to a global player. As the article puts it, Foster's wine unit is "a financial bad drunk: messy and unpredictable" and "traps beer's value" by keeping the two combined. However, the article says potential suitors, such as SABMiller and Molson Coors, shouldn't wait