Foster's Open to `Sensible' Bid Talks, CEO Says

Foster's Open to `Sensible' Bid Talks, CEO Says Play

Aug. 23 (Bloomberg) -- John Pollaers, chief executive officer of Foster's Group Ltd., discusses the company's willingness to negotiate a "sensible bid" after refusing to enter detailed negotiations on SABMiller Plc's hostile A$9.5 billion ($10 billion) offer it rejected as too low. Foster's is Australia's biggest brewer. Pollaers spoke today in an interview with Bloomberg Television. (This report is an excerpt. Source: Bloomberg)

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