Foster's and Southcorp placed in Trading Halt

Wednesday 20th April 2005

The shares of global beverages firm Foster's Group Ltd and its takeover target, winemaker Southcorp, were both placed in a trading halt early today, pending an announcement.

Foster's launched a $A3.1 ($NZ3.33) billion takeover bid for Southcorp in January this year at $A4.14 per Southcorp share.

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