Scottish & Newcastle toasts Foster's deal

Brewing giant Scottish & Newcastle was today toasting a £309m (€444.1m) deal that gave it full ownership of the Foster’s lager brand in Europe.

Scottish & Newcastle toasts Foster's deal

Brewing giant Scottish & Newcastle was today toasting a £309m (€444.1m) deal that gave it full ownership of the Foster’s lager brand in Europe.

S&N has held a licence to brew and sell Foster’s in Europe for the past decade, but worried that its ability to grow sales quickly would be held back if it did not have total control.

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