Cheers to Foster’s

With a more than 30% return since our original recommendation less than two years ago, the acquisition of Foster’s delivers a great result. But spend the money wisely.

Patriotic drinkers may be sobbing into their beer but sober investors know a good thing when they see it. At yesterday’s meeting to approve the acquisition of Foster’s Group by SABMiller for $5.40 per share, the ‘yes’ vote achieved 99.1% support. Presumably, the other 0.9% were still at the bar.

The scheme has just been approved by the Supreme Court of Victoria and the stock will cease trading today. The scheme consideration is expected to land in your bank account or mailbox by 21 December.



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles