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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Frugl Group Limited | ASX:FGL | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.01 | -10.00% | 0.09 | 0.09 | 0.10 | 0.09 | 0.09 | 0.09 | 83,435 | 01:52:43 |
Australian brewing giant Foster's Group Ltd. (FGL.AU) said Friday it is aware of speculation about a bid for the company but not aware of any unannounced information that could explain a jump in its share price.
Foster's was responding to a letter from the Australian Securities Exchange about the company's share price, which had risen by 5.1% at the time the letter was written.
Mexican brewer Grupo Modelo SAB de CV (GMODELO.MX) and North American rival Molson Coors Brewing Co. (TAP) have been reportedly exploring a possible joint bid.
At 0430 GMT, Foster's shares were up 5.4% at A$4.51.
-By Gavin Lower, Dow Jones Newswires; 61-3-9292-2095; gavin.lower@dowjones.com
1 Year Frugl Chart |
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