Things are moving these days in the wine industry at the top level. Foster’s, Pernod Ricard or Fortune Brands are all making strategic annoucements. Foster’s aims to demerge wine and beer in early 2011 and said it would consider wine unit offers. Fortune Brands is said to plan meeting With shareholder Ackman after the activist investor bought 11 percent of the company. Finally Pernod Ricard decided to group International Wine Operations into single unit. They will call it Premium wines. What would be the next step? An offer from Pernod Ricard to Fosters’ premium wines?
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