SABMiller to Buy Foster’s After Raising Bid to A$9.9 Billion

SABMiller to Buy Foster’s After Raising Bid to A$9.9 Billion

Carla Gottgens/Bloomberg

Bottles of Foster's lager. The revised offer is 2.8 percent higher than SABMiller’s initial bid based on an enterprise value of A$11.5 billion, it said.