Foster’s Will Retain Wine Business

Dear Client:As predicted by many analysts, Foster's Group said today that it plans to keep its wine business which it aims to improve through various actions. Right now is not the time to sell and instead the company will work at making the wine biz more attractive. It also plans to separate its wine and beer businesses into two different units, and implement "significant" organizational and operational changes to improve its performance. Global supply operations will be integrated with respective