Fuller’s exits brewing with £250m sale to Japan’s Asahi


#1

Fuller’s exits brewing with £250m sale to Japan’s Asahi

https://www.ft.com/content/f2bc845e-2071-11e9-b126-46fc3ad87c65

Market has reacted favorably up 22% on opening!


New stocks in the app 18/01/19
(Alex Sherwood) #2

We picked a good time to add them to the app then :smile:

Here’s some more coverage:

Evening Standard | The Guardian | The Independent


#3

Pretty good moment for investors, but it’s kind of sad to see another independent brewery swallowed by a conglomerate.


(Ben Sheppard) #4

What does this mean for people who bought stocks in Fuller? Will they get a payout based on stock and then not own any stock, or would it get transferred?


(Alex Sherwood) #5

Fuller will still be a public company so not much will change here. Sometimes companies in this situation pay a large dividend but we’ll have to wait & see :crossed_fingers: