Foster's signs wine distribution deal in U.S.

May 24, 2010

MELBOURNE - Australia's largest brewer Foster's Group (FGL.AX) said on Tuesday its U.S. unit has signed a deal with the Charmer Sunbelt Group to sell Foster's portfolio of wines in New York, Maryland and the District of Columbia. It did not disclose financial details of the deal, which is part of its strategic wine review that includes finding new distributors.

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