Coke's beer chief doesn't want a bit of Foster's
Coke's beer chief doesn't want a bit of Foster's
May 27, 2010 6
COCA-COLA Amatil's newly appointed chief of alcoholic beverages, John Murphy, has ruled out any bid for Foster's $9.7 billion demerged beer division, saying the soft-drink maker would rather expand its own growing portfolio of premium beer brands.Murphy also told BusinessDay, in his first interview since being named as Coca-Cola Amatil's managing director of licensed beverage operations, that he would use his recent management experience at Visy to make packaging a key driver of innovation and differentiation in the highly competitive Australian beer market.
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