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Daily Archive: August 23, 2011

Treasury Americas MD Stephen Brauer On What’s Working, What’s Not In U.S.

Following up on Treasury Wine Estates’ full-year results, released yesterday, Shanken News Daily caught up with Treasury Americas managing director Stephen Brauer to get a closer look at what’s driving Treasury’s U.S. performance so far in 2011. Continue reading →

Posted in News on August 23, 2011

Defending Against SABMiller, Foster’s To Return Funds To Shareholders

In what appears to be an effort to thwart a hostile takeover bid by SABMiller, leading Australian brewer Foster’s says it will channel at least A$500 million ($523m) in cash to shareholders, potentially in the form of a share buyback or a reduction of share volume. Continue reading →

Posted in News on August 23, 2011

News Briefs for August 23, 2011

•Moët Hennessy-owned Glenmorangie Co has named former chief operating officer Paul Skipworth president and managing director. Continue reading →

Posted in News on August 23, 2011