Foster’s writes down wine assets; CEO resigns (San Francisco Chronicle)

June 10, 2008 Vino

Foster’s writes down wine assets; CEO resigns (San Francisco Chronicle)
Foster’s Group Ltd. said Tuesday its chief executive, Trevor O’Hoy, has resigned and the brewer and wine maker has written down the value of its global wine assets. Foster’s said it expects net profit before significant items for the year ending June 30 to be…

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